Highland Park, MI 48203 1228,20490 HANNA Street
Highland Park, MI 48203 1228,20490 HANNA Street
Highland Park, MI 48203 1228,20490 HANNA Street
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$58,900
Est. payment /mo
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4 BD
2 BA
1,276 SqFt
Contingent

20490 HANNA Street Highland Park, MI 48203 1228

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UPDATED:

10/30/2024 03:23 PM

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,276 sqft

Price per Sqft $46

Subdivision Eight-Oakland Sub No 1 (Plats)

MLS Listing ID 60342730

Style 1 1/2 Story

Bedrooms 4

Full Baths 1

Half Baths 1

Abv Grd Liv Area 1,276

Year Built 1947

Annual Tax Amount $1,050

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 40.00 x 100.00

Property 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!

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Garage Detached Garage

Garage Spaces 1.0

Waterfront No

Garage Yes

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water, Public Water at Street

Architectural Style Bungalow

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $240

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Zest Realty LLC

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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20490 HANNA Street