Description
Charming Brick Bungalow with Long-Term Tenant! Located in the desirable Greenfield neighborhood of Detroit, this well-kept 3-bedroom, 1-bath brick bungalow is a solid investment with immediate returns. Currently occupied by a long-term tenant, the property brings in $1,000/month in consistent cash flow. The lease has just been renewed, providing stable income with minimal turnover risk. Inside, the home features beautiful hardwood floors, a spacious living room with a wall-window into a large formal dining area, perfect for families or entertaining. The layout offers both function and comfort, while the homes overall condition is strong with no major repairs needed. Outside, you'll find a fenced yard, a 1.5-car detached garage, and a generous front porch made for relaxing. The surrounding neighborhood offers multiple parks, locally owned restaurants and boutiques, a flower shop, Henry Ford Medical Center, and a brand-new event space, adding long-term appeal for both tenants and future resale value. Priced at $90,000, this is a low-hassle addition to any buy-and-hold portfolio in one of Detroits more established rental corridors.
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3BEDS
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0.1ACRES
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1BATHS
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01/2 BATHS
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1,069SQFT
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$79$/SQFT
Description
Charming Brick Bungalow with Long-Term Tenant! Located in the desirable Greenfield neighborhood of Detroit, this well-kept 3-bedroom, 1-bath brick bungalow is a solid investment with immediate returns. Currently occupied by a long-term tenant, the property brings in $1,000/month in consistent cash flow. The lease has just been renewed, providing stable income with minimal turnover risk. Inside, the home features beautiful hardwood floors, a spacious living room with a wall-window into a large formal dining area, perfect for families or entertaining. The layout offers both function and comfort, while the homes overall condition is strong with no major repairs needed. Outside, you'll find a fenced yard, a 1.5-car detached garage, and a generous front porch made for relaxing. The surrounding neighborhood offers multiple parks, locally owned restaurants and boutiques, a flower shop, Henry Ford Medical Center, and a brand-new event space, adding long-term appeal for both tenants and future resale value. Priced at $90,000, this is a low-hassle addition to any buy-and-hold portfolio in one of Detroits more established rental corridors.
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