18024 Fenmore Street new

Detroit,MI 48235

$ 174900

3 Beds

1.5 Baths

1365 SqFt


Key Details

Property Type Single Family Home

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 1,365 sqft

Price per Sqft $128

Subdivision Southlawn Curtis Park Sub

MLS Listing ID 20251023578

Style Colonial

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N no

Year Built 1947

Annual Tax Amount $2,434

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X113

Property Sub-Type Colonial

Source Realcomp II Ltd

Property Description

SECTION 8 RENTAL — TENANT PAYING $1,600/MONTH! MAJOR UPDATES INCLUDE NEWER ROOF, MECHANICALS, AND ELECTRICAL SYSTEMS. PRICED AT $174,900, THIS TURNKEY PROPERTY OFFERS STRONG, GUARANTEED CASH FLOW FROM DAY ONE. WITH STANDARD INVESTOR FINANCING, THIS ASSET DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN — RARE FOR DETROIT AT THIS QUALITY LEVEL. ARV IS $200K–$220K, GIVING BUY-AND-HOLD INVESTORS A PERFECT EXIT STRATEGY AFTER YEARS OF RENT COLLECTION. PROPERTY IS LOCATED IN A SOLID, HIGH-DEMAND RENTAL POCKET. LOW MAINTENANCE. LONG-TERM UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.

Location

State MI

County Wayne

Area Det - Schcraft-6 Grnfld-Limits

Direction East of Southfield, North of Outer Dr

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Parking Features Detached

Garage Description 2 Car

Road Frontage Paved

Garage yes

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Warranty No

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID 22072304

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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