6116 Lodewyck St, Detroit, MI 48224

CALLING ALL INVESTORS OR FIRST TIME HOME BUYERS!! Look no further than this NEWLYREMODELED, 3 Bedroom / 1.5 Bath, single-family Brick Bungalow that will make the perfect addition to your current or new investment portfolio or the perfect starter home. Over $30k in upgrades leaving this turn key home move in ready and maintenance free. New Updates in 2022 include, NEW ROOF, NEW FURNACE, NEW HOT WATER TANK, REFINISHED HARDWOOD FLOORS, NEW BATHROOM VANITIES and UPDATES, NEW BLINDS, NEW CARPETS and A NEW GARAGE DOOR. **INVESTORS, Current Owner/Management company has a pre-qualified Tennant lined up and ready to go but is currently marketing the house to BOTH investors and first-time home buyers. CURRENT RENT COMPS IN THIS AREA ARE APPROX $1250 A MONTH WHICH GIVES THIS PROPERTY A GREAT ROI factoring in yearly expenses including taxes and insurance less than $3000 for the year LOOKING AT A VERY HEALTHY CAP RATE. Property is located in the quiet and well-maintained Cornerstone Village Subdivision.