15389 Indiana ST Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $72
Subdivision Berry Park
MLS Listing ID 20251023607
Style Colonial
Bedrooms 5
Full Baths 2
Year Built 1924
Property Sub-Type SingleFamilyResidence
Property Description
SECTION 8 TENANT PAYING $1,500/MONTH! THIS TURNKEY DETROIT RENTAL IS PRICED AT $159,900 AND DELIVERS GUARANTEED MONTHLY INCOME FROM DAY ONE. RECENTLY UPDATED WITH IMPROVEMENTS TO ROOF, MECHANICALS, ELECTRICAL, AND PLUMBING — MAKING IT A LOW-MAINTENANCE, HIGH-YIELD ASSET. ARV IS HIGHER, OFFERING INVESTORS STRONG APPRECIATION POTENTIAL ON TOP OF CASH FLOW. WITH STANDARD INVESTOR FINANCING, THIS PROPERTY CAN DELIVER A DOUBLE-DIGIT CASH-ON-CASH RETURN. LOCATED IN A SOLID RENTAL POCKET, PROFESSIONALLY MANAGED, AND IDEAL FOR BUY-AND-HOLD INVESTORS LOOKING FOR LONG-TERM UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
Location
State MI
County Wayne
Area Area05032Det6To8Grnfldtolimits
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features NoGarage
Pool None
View Y/N No
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard