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Jaxon Evans

jaxone@c21metrobrokers.com +1(810) 333-5096

$115,000

Est. payment - /mo

3 Beds

1 Bath

950 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $121

Subdivision Harrahs North Detroit

MLS Listing ID 20261056869

Style Ranch

Bedrooms 3

Full Baths 1

Year Built 1962

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type SingleFamilyResidence

Property Description

This renovated 3-bedroom, 1-bath ranch is currently tenant occupied under an active lease of $1,300 per month ($15,600 annually), offering investors an excellent opportunity to acquire an occupied rental property with long-term upside. Acquired in 2023 and extensively renovated prior to tenant occupancy, the home features updated flooring, fresh paint, an updated kitchen with modern cabinetry and countertops, a renovated bathroom, and numerous interior improvements throughout. The current tenant is in collections for prior rent obligations, with ownership actively pursuing collection efforts while maintaining the existing tenancy. Photos shown were taken prior to the current tenant's occupancy. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Location

State MI

County Wayne

Area Area05051Det68Dequindretoconner

Rooms

Entry Level, 10 X 10 Bedroom

Entry Level, 10 X 11 Bedroom

Entry Level BathFull

Entry Level, 11 X 12 Bedroom

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features NoGarage

Pool None

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Listed by Jay Naim of EXP Realty Main

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Jaxon Evans

+1(810) 333-5096

Agent | License ID: 452892

Agent License ID: 452892

7200 Edgeton ST Detroit, MI 48212

Jaxon Evans

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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