$90,000 for Sale
16191 strathmoor street, detroit, MI 48235
| Beds 3 | Baths 1 | 1,100 Sqft | 0.09 Acres |
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Property Description
This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.
General Information
Sale Price: $90,000
Price/SqFt: $82
Status: Active
MLS#: rcomi61011015
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: charles engel
Acres: 0.09
Lot Dimensions: 35X111
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,100 sq.ft.
Acreage: 0.09 est.
Year Built: 1940
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 15x12
Bedroom 2 : 10x10
Bedroom 3: 9x10
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Vinyl Siding
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $2,531
Est. Winter Taxes: $3,044
HOA fees:

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Listing By: Ryan Lonsway of Real Broker, LLC Troy, Phone: 517-200-3245