Nestled in the heart of Detroit, Michigan, the single-family residence at 3281 Glendale ST presents a unique opportunity. This property, with its inherent charm, stands ready to be reimagined. The residence includes five bedrooms, providing an abundance of private space. Imagine the possibilities: transform each room into personalized sanctuaries, spaces… Read More for creativity, or havens for restful nights. Constructed in 1925, this home carries a legacy within its walls. Consider the stories it holds and the potential it offers to craft your own narrative within its structure. This property is tenant-occupied at $1,990 per month, generating nearly $24,000 annually in rental income. At the $230,000 asking price, that's a 10.4% gross ROI - a strong return and immediate cash flow opportunity for investors. Located just one block east of the highly desirable Russell Woods neighborhood, this property combines updates, income, and location - making it a smart addition to any rental portfolio. Do not disturb tenant. Read Less
Courtesy of Amin Realty.
Listing Snapshot
Days Online
46
Last Updated
Property Type
Single Family
Beds
5
Full Baths
1
Partial Baths
1
Square Ft.
2,274
Lot Size
0.1 Acres
Year Built
1925
MLS Number
60934061
30 Days Snapshot Of 48238
$1k
+46%
(avg) sold price
1
-66%
home sold
64
+64%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
2,274 square feet, 10 total rooms, Built in 1925, Style: More than 2 Stories, Contemporary, Other, Traditional
Exterior Features
Brick
Foundation
Basement
Garage
2 car spaces in garage, Detached Garage
Water Features
Public Water
Heating
Natural Gas, Forced Air
Lot
0.1 acres, Size: 35X121.56
Taxes
Amount: $2,235
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