16044 Fairmount Drive
Detroit, MI 48205
904 sqft | 3 beds | 1 bath | 0.10 acres | #81025020135
Description
Cash-Flowing Investment Property in Detroit - Tenant Occupied! Great opportunity for investors! Located on a quiet, residential street in the heart of Detroit, this tenant-occupied, cash-flowing property is a smart addition to any rental portfolio. Features: Long-term tenant in place for 14 years ,Excellent payment history - currently paying $770/month, Reliable monthly rental income from day one, Potential for value-add improvements to increase equity and returns.With strong rental demand in the area and a stable tenant already in place, this home offers immediate income and long-term potential. Whether you're a seasoned investor or just starting out, this property is a solid pick for building wealth through real estate.Prime Detroit location \ Investor special \ Turnkey opportunity
Property Details
- Property SubtypeSingleFamilyResidence
- Sewer InformationPublicSewer
- MLS #81025020135
- MLS #81025020135
- Property TypePurchase
- FoundationBasement
- Parcel Number21025145
- RoofAsphalt
- School DistrictDetroit
- Original List Price$45,000
- Utility SourcePublic
- Taxes Annual$1,013
- CountyWayne
- Cost45000
- Basement DescriptionFull
- Year Built1942
- Acres0.1
- Square Feet904
- Bedrooms3
- Bathrooms1
- Full Baths1
- Basement1
- Days on Market (Cumulative)1
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Kristina Khalifeh (#81181626287537), Email: dreamhomebykristina@gmail.com
Listing Office: Arterra Luxe Collection LLC (#814909654770)
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