Detroit, MI 48235 3251,18024 Fenmore Street
Detroit, MI 48235 3251,18024 Fenmore Street
Detroit, MI 48235 3251,18024 Fenmore Street
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$174,900
Est. payment /mo
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3 Beds
2 Baths
1,365 SqFt
New

18024 Fenmore Street Detroit, MI 48235 3251

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,365 sqft

Price per Sqft $128

Subdivision Southlawn Curtis Park Sub

MLS Listing ID 60924493

Style 2 Story

Bedrooms 3

Full Baths 1

Half Baths 1

Abv Grd Liv Area 1,365

Year Built 1947

Annual Tax Amount $2,434

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X113

Property Sub-Type Single Family

Property Description

SECTION 8 RENTAL - TENANT PAYING $1,600/MONTH! MAJOR UPDATES INCLUDE NEWER ROOF, MECHANICALS, AND ELECTRICAL SYSTEMS. PRICED AT $174,900, THIS TURNKEY PROPERTY OFFERS STRONG, GUARANTEED CASH FLOW FROM DAY ONE. WITH STANDARD INVESTOR FINANCING, THIS ASSET DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN - RARE FOR DETROIT AT THIS QUALITY LEVEL. ARV IS $200K–$220K, GIVING BUY-AND-HOLD INVESTORS A PERFECT EXIT STRATEGY AFTER YEARS OF RENT COLLECTION. PROPERTY IS LOCATED IN A SOLID, HIGH-DEMAND RENTAL POCKET. LOW MAINTENANCE. LONG-TERM UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER - DO NOT DISTURB TENANT.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Garage Yes

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Colonial

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Own It Realty

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agent

Tracy Butcher

Associate Broker - Non-Principal | License ID: 6506049127

+1(810) 428-7092

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18024 Fenmore Street