BEDS3
BATHS2 full
SQUARE FEET1,161
MLS#20261036864
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONVogt Bernard
SCHOOLDetroit
Property Description
Tenant in place. Income from day one. Future upside built in. This professionally managed brick bungalow in Detroit’s sought-after East English Village offers the kind of straightforward investment opportunity investors are actively looking for. Priced at $85,000, this 3-bedroom, 2-bath home with a 1.5-car garage comes with a tenant already in place through April 2027, generating $1,100/month in gross rent with the tenant paying all utilities. The current tenant has occupied the property since 2023, providing immediate stability, while current lease provides immediate income with room for future rental optimization. Major improvements completed in 2023, including the furnace, hot water heater, and basement waterproofing, help minimize deferred maintenance concerns, while professional management makes ownership transition simple. With established tenancy, strong neighborhood appeal, and immediate income, this is an ideal addition for investors seeking a low-friction portfolio acquisition. Lease, ledger and due diligence documentation available.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.10 Acres
Year Built: 1950
Feature Descriptions
Architecture: Bungalow
Days on Site: 1
Exterior: Brick
Foundation: Basement
Frontage Feet: 40
Garage/Parking: Detached, Driveway
Lot Dimensions: 0.10 Acre(s)
Parking Notes: Detached, Driveway
Road Frontage: Paved
Summer Tax: $1565.0000
Winter Tax: $0.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: REMAX City Centre
Agency Phone: (313) 528-3002
Shown By
Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 500.26 per month $475.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $24.79 Homeowner's InsuranceChange Payment Information
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5279 Cadieux Road | MLS# 20261036864
This single family home located at 5279 Cadieux Road, Detroit, MI 48224 is currently listed for sale with an asking price of $85,000. This property was built in 1950 and has 3 bedrooms and 2 full baths with 1161 sq. ft. Cadieux Road is located in the Vogt Bernard subdivision within the Detroit school district. Search Vogt Bernard real estate on www.therealtycouple.com today.