Detroit, Michigan48219
3 Bedrooms | 1 baths | 986 sqft | MLS# 20221011741
Sold $69,900
Description
**INVESTORS** This 3 bedroom, 1 bathroom Northwest Detroit brick ranch will be the perfect addition to your rental portfolio! The tenant is up-to-date on their rent, has been in the property for over a year, and has a lease extension signed through 12/31/2022 @ a rate of $895/month! The property has plenty of features that an investor will appreciate, such as updated PEX plumbing, forced air heat, an updated electrical circuit breaker panel, a 3D architectural shingle roof, vinyl windows throughout the property, newer carpet and paint, and so much more! This property is located in one of the strongest communities in Detroit and the value of the property if later sold to a homebuyer could be in the 90-125K range, which means you are getting instant equity at closing!