Description
Long-term tenant investment opportunity – detroit brick bungalow
an incredible investment opportunity awaits at 20490 hanna st! this 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. they would prefer to stay, but can move if needed. with market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow.
situated near the new amazon warehouse and major freeways, the location offers easy access and convenience for tenants. this home features a full basement, providing ample storage, and a detached garage for additional parking. the bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants.
whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. don’t miss out on this prime investment opportunity in a growing area of detroit!
Property Type
ResidentialSubdivision
Eight-oakland Sub No 1 (plats)County
WayneStyle
BungalowAD ID
47020198
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 1.5
- Full Baths: 1
- Half Baths: 1
Room Information
- Total Rooms: 8
Interior Features
- Basement Description: Unfinished
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1947
- Building Stories: 1 1/2 Story
- Foundation/Basement: Basement
- Architecture: Bungalow
Exterior Features
- Construction: Brick
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Water
- Public (Municipal),Water at Street
-
Property / Lot Details
Lot Information
- Lot Size: 0.09
- Dimensions: 40.00 x 100.00
Property Information
- SQ ft: 1276
- Subdivision: EIGHT-OAKLAND SUB NO 1 (PLATS)
- Financing: Cash,Conventional,FHA,VA
-
Listing Information
Listing Price Information
- Original List Price: $58,900
Listing Information
- Possession: At Close
- Legal Description: E HANNA N 15 FT 950 S 25 FT 951 EIGHT-OAKLAND SUB NO 1 L37 P23 PLATS, W C R 9/176 40 X 100
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,050
- Parcel Number: W09I020344S
Possession
- At Close
Legal Information
- Legal Description: Section: E HANNA N 15 FT 950 S 25 FT 951 EIGHT-OAKLAND SUB NO 1 L37 P23 PLATS, W C R 9/176 40 X 100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Has Garage: Yes
- Garage Size: 1 Car
- Garage Description: Detached
Multi-Unit Information
- Road Frontage: Paved
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal),Water at Street
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 11/23/2024 @ 19:00
- MLS: 615101162
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Home, with 4 bedrooms which is for sale, it has 1,276 sqft, 0 sized lot, and 1 Car parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Highland Park , in zip code 48203, this Wayne County Home , it is in the EIGHT-OAKLAND SUB NO 1 (PLATS) Subdivision, are nearby neighborhoods.