Do Real Estate on the Go!
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Do Real Estate on the Go!
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$89,000
3 Beds
- 1 Bath
1 full bath
1,357sqft
12345 Kentucky St, Detroit, MI 48204 1039
$89,000
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Single Family Residence
Built in 1921
$-- HOA
3,920.4 sqft lot
$66/sq.ft
Description
This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
1921
HOA Fees
-
Finished Area
1,357 sqft
Lot Size
3,920.4 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60940518
MLS Status
Active
Days on Market
83
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