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Size: 0.09 Acres
Type: House
Home: 3 beds - 1 full bath - 1,158 Sq Ft

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Residential, 1 1/2 Story, Detroit, MI

Updated property. Paying tenant. Immediate income. That's the kind of deal investors look for before somebody else grabs it. With Cash Flow Already Moving. This one is for the buyer who wants income without walking into a project. Fully remodeled in 2025 and already tenant-occupied at **$1,150/month** with a lease in place through "August 2026." That's **$13,800/year in gross rental income** from day one. Inside, the heavy lifting has already been done: updated kitchen, new cabinets, fresh tile, modern appliances, and clean finishes that today's tenants actually want. No guessing. No "maybe it rents." The tenant is already there and paying. For investors, the cap rate will depend on the final purchase price and expenses, but the math starts strong with a steady monthly income already in place. Bring your numbers and run them. This could be a solid addition to the portfolio. Location is a...

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Source:First Street

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Source: Realcomp Limited II, MLS# 20261031374
Listing status: Active
Listing last updated: August 19, 2026 at 4:44 PM
Listing last checked: August 19, 2026 at 4:34 PM
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