For sale
  • $124,900

    9327 Cloverlawn St, Detroit, MI 48204

    4beds
    1,844sqft
    : 
    Single Family Residence
    Built in 1945
    4,791.6 Square Feet Lot
    $122,400 Zestimate®
    $68/sqft
    $-- HOA

    What's special

    Detached garageLarge backyardFinished basementFunctional updatesCharacter and charmPrivate en-suite primary upstairs
    Investor Special: 10%+ Cap Rate, Tenant in Place, Immediate Cash Flow Solid cash-flowing asset in Detroit’s resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment! Key investor highlights: 4 bed / 2.5 bath layout ideal for long-term rental demand Tenant pays utilities, minimizing owner expenses Month-to-month lease = flexibility without vacancy risk Room to improve cash flow with minor updates or rental increases Proximity to Joe Louis Greenway adds long-term value The home itself offers character and charm with functional updates: A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package. **Homes with this square footage, location, and income potential rarely come at this price. Do not disturb tenant. Showings after accepted offer. BTVAI.
    30 days
    on Zillow
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