Strong Section 8 rental opportunity with stability already in place. This brick 3-bedroom home is tenant occupied by a long-term Section 8 tenant who is current on payments and wants to stay, offering investors immediate income and a lower-hassle transition after closing. The home has been well cared for and… Read More is kept clean by the tenant, which is exactly what investors want to see in an occupied rental. Major ownership items are already in solid position, including a good-condition roof, updated electrical, updated hot water heater, and a functioning furnace. These updates help reduce near-term capital concerns and support a more predictable hold. The home also includes a 1-car garage and partially finished basement, adding extra functionality, storage, and tenant appeal. Brick construction, a clean long-term tenant, and existing Section 8 payments make this a practical buy-and-hold option for investors seeking stability, affordability, and future rent growth. For investors looking for an occupied Detroit rental with income in place and upside ahead, this one is worth a serious look. Please do not disturb the tenant. Read Less
Courtesy of Joseph Walter Realty, LLC.
Listing Snapshot
Days Online
7
Last Updated
Property Type
Single Family
Beds
3
Full Baths
1
Square Ft.
1,480
Lot Size
0.1 Acres
Year Built
1947
MLS Number
60996344
30 Days Snapshot Of 48223
$1k
0%
(avg) sold price
7
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Partially Finished
Building
1,480 square feet, 4 total rooms, Built in 1947, Style: 1 1/2 Story, Bungalow
Exterior Features
Brick
Foundation
Basement
Garage
1 car space in garage, Detached Garage
Water Features
Public Water
Heating
Natural Gas, Forced Air
Lot
0.1 acres, Size: 35X120
Taxes
Amount: $1,834
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