FULLY TENANT-OCCUPIED SECTION?8 INVESTMENT PROPERTY RENTED AT $905/MONTH — BELOW MARKET VALUE — WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE. LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET.
WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT’S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED.
For sale
$84,900
16514 Burt Rd, Detroit, MI 48219
3beds
858sqft
Est.:
Single Family Residence
Built in 1942
6,098.4 Square Feet Lot
$102,200 Zestimate®
$99/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 123 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: 14 hours ago
Listed by:
Yasir Abulaban 313-395-0000,
Own It Realty 313-395-0000
Source: Realcomp II,MLS#: 20251023502

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Dimensions: 11 X 12
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 858 sqft
- Finished area above ground: 858
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Detached
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1.5
- Entry location: GroundLevel
- Pool features: None
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 50 x 117.59
Details
- Parcel number: 22107728
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: GRAND RIVER SUBURBAN
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $12,288
- Annual tax amount: $1,309
- Date on market: 8/3/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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