Great investment opportunity in the heart of Detroit! Formerly a duplex and currently converted into a spacious single-family home, 15734 Cruse St offers strong potential for both investors and owner-occupants alike. This tenant-occupied property features an updated kitchen, updated bathroom, generous living space, and a flexible floor plan with the possibility for future multifamily use. Currently occupied by a Section 8 tenant paying $1,800/month, offering immediate and reliable rental income with an estimated 13% cap rate. A great addition to any investment portfolio. Conveniently located near shopping, schools, major freeways, and local amenities. Tenant occupied — please do not disturb tenants. Showings available with accepted offer or approved access only.
Listed By
Agency Name: Sonic Realty LLC
Agency Phone: (313) 484-4696
Shown By
Agent Name: Nathan Oake
Agent Phone: (734) 845-0680
Agency Title: Griffith Realty
Estimated Payment
$ 402.76 per month $356.09 Principal & Interest $0.00 Property Tax (data not provided by mls) $46.67 Homeowner's Insurance
15734 Cruse Street | MLS# 20261032967
This single family home located at 15734 Cruse Street, Detroit, MI 48227 is currently listed for sale with an asking price of $160,000. This property was built in 1928 and has 5 bedrooms and 1 full and 1 partial baths with 1639 sq. ft. Cruse Street is located in the Groveland subdivision within the Detroit school district. Search Groveland real estate on noake.griffithrealty.com today.