NathanOake
BEDS3
BATHS1 full
SQUARE FEET858
MLS#20261062084
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONG R A N D R I V E R S U B U R B A N
SCHOOLDetroit
Property Description
FULLY TENANT-OCCUPIED SECTION-8 INVESTMENT PROPERTY RENTED AT $905/MONTH - BELOW MARKET VALUE - WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE. LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET.WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT'S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Garage: 2
Heating: Forced Air, Natural Gas
Home Style: Bungalow
Lot Size: 0.14 Acres
Stories: 1.5
Taxes: $1,309
Year Built: 1942
Feature Descriptions
Days on Site: 79
Exterior: Brick
Lot Dimensions: 50X117.59
Parcel#: 22107728
Parking: Two Car Garage, Detached
Parking Notes: Two Car Garage, Detached
Sewer: Public Sewer
Summer Tax: 1176
Water: Public
Winter Tax: 133
Room Sizes
Primary Bedroom: 11 X 12
Bedroom: 12 X 12
Kitchen: 12 X 12
Bath Full: 5 X 7
Dining Room: 7 X 10
Living Room: 11 X 15
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Own It Realty
Agency Phone: 3133950000
Shown By
Agent Name: Nathan Oake
Agent Phone: (734) 845-0680
Agency Title: Griffith Realty
Estimate Your Payment
Estimated Payment
$ 310.21 per month $177.82 Principal & Interest $109.08 Property Tax $23.30 Homeowner's InsuranceChange Payment Information
IDX provided courtesy of Realcomp II Ltd.
©2021 Realcomp II Ltd. Shareholders
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
16514 Burt Road | MLS# 20261062084
This single family home located at 16514 Burt Road, Detroit, Mi 48219 is currently listed for sale with an asking price of $79,900. This property was built in 1942 and has 3 bedrooms and 1 full baths with 858 sq. ft. Burt Road is located in the G R A N D R I V E R S U B U R B A N subdivision within the Detroit school district. Search G R A N D R I V E R S U B U R B A N real estate on noake.griffithrealty.com today.