Mid-Mitten Realty
19229 PELKEY Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205 2245
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,165 sqft
Price per Sqft $71
Subdivision Vandammes Sub (Plats)
MLS Listing ID 60342645
Style 1 Story
Bedrooms 4
Full Baths 1
Abv Grd Liv Area 1,165
Year Built 1946
Annual Tax Amount $1,900
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 47 x 120
Property Description
This 3 bedroom, 1-bath brick home with a 2-car garage is the perfect addition to your investment portfolio. Currently tenant-occupied with a Section 8 tenant paying $1,500 per month, this property offers a strong cash flow and an impressive 14.8% cap rate. Enjoy easy access to local amenities and major roadways, making this property not only a solid investment but also a convenient location for tenants. Don’t miss out on this cash-flowing opportunity to expand your real estate holdings!
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage Detached Garage
Garage Spaces 2.0
Waterfront No
Garage Yes
Building
Story 1 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional