9
See all 9 photos
$90,000
Est. payment /mo
3 Beds
1 Bath
1,028 SqFt
New
15894 Fordham Street Detroit, MI 48205 2948
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,028 sqft
Price per Sqft $87
Subdivision Dalbys East Pointe
MLS Listing ID 61029742
Style 1 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,028
Year Built 1949
Annual Tax Amount $5,097
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X122
Property Sub-Type Single Family
Property Description
15894 fordham street ---CALLING ALL INVESTORS--TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Hot Water Gas
Heating Forced Air
Exterior
Garage No
Building
Story 1 Story
Foundation Basement
Water Public Water at Street
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main
Nearby Locations
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