19229 PELKEY Street Pending

Detroit,MI 48205

$ 83000

4 Beds

1 Bath

1165 SqFt


Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Pending

Purchase Type For Sale

Square Footage 1,165 sqft

Price per Sqft $71

Subdivision Vandammes Sub (Plats)

MLS Listing ID 20240069253

Style Bungalow

Bedrooms 4

Full Baths 1

Year Built 1946

Annual Tax Amount $1,900

Lot Size 5,662 Sqft

Property Description

This 4-bedroom, 1-bath brick home with a 2-car garage is the perfect addition to your investment portfolio. Currently tenant-occupied with a Section 8 tenant paying $1,500 per month, this property offers a strong cash flow and an impressive 14.8% cap rate. Enjoy easy access to local amenities and major roadways, making this property not only a solid investment but also a convenient location for tenants. Don?t miss out on this cash-flowing opportunity to expand your real estate holdings!

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Interior

Heating Forced Air

Exterior

Garage Detached

Garage Description 2 Car

Pool No

Waterfront no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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