INVESTORS AND HOMEOWNERS-DON'T MISS THIS OPPORTUNITY! Solid 2-bedroom, 1-bath Detroit home offering approximately 700 sq. ft. of living space plus a full basement. Whether you're looking to add an income-producing property to your portfolio or an affordable home to make your own, this property offers flexibility, value and upside potential.For investors, a long-term tenant is currently in place and would like to remain, offering the opportunity for immediate rental income from day one. Area rental rates indicate potential for increased rental income, with approximately $1,250/month possible based on current market conditions; buyer to independently verify market rent and rental projections.Major mechanical improvements have already been addressed, including a newer HVAC/furnace system, while the roof is approximately 10 years old or less. The home is solid and functional, with primarily cosmetic updating offering an opportunity to further enhance value and long-term return.Not just for investors-owner-occupants can also take advantage of an affordable home with a full basement, brick and vinyl exterior, newer major mechanicals and the opportunity to personalize the property over time.ESTABLISHED TENANT. IMMEDIATE INCOME POTENTIAL. RENTAL UPSIDE. SOLID HOME. VALUE-ADD OPPORTUNITY. A versatile property with multiple paths for the next owner. Schedule your showing and take a closer look!Licensed real estate agent has an ownership interest in the selling LLC and a financial interest in the transaction
Listed By
Agency Name: NERG Real Estate Experts
Agency Phone: 5869838686
Shown By
Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty
Estimated Payment
$ 568.13 per month $363.59 Principal & Interest $185.58 Property Tax $18.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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20320 Dresden Street | MLS# 20261070194
This single family home located at 20320 Dresden Street, Detroit, Mi 48205 is currently listed for sale with an asking price of $65,000. This property was built in 1948 and has 2 bedrooms and 1 full baths with 679 sq. ft. Dresden Street is located within the Detroit school district. Search Detroit real estate on www.therealtycouple.com today.