For sale
  • Price cut: $5K (8/29)
    $159,900

    18024 Fenmore St, Detroit, MI 48235

    3beds
    1,365sqft
    : 
    Single Family Residence
    Built in 1947
    4,356 Square Feet Lot
    $153,900 Zestimate®
    $117/sqft
    $-- HOA

    What's special

    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.
    66 days
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    86
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    3
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