Address
15860 Sorrento Street, Detroit, MI
Price
$ 115,000
Property Attributes
  • MLS#61011812
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodCollege Crest Sub 1Plats
  • Zip48227
  • StyleBungalow
  • Year Built1940
  • Taxes$ 6119
  • Price$ 115,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1479
  • Lot Size0.09 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Excellent opportunity to add a cash-flowing investment property to your portfolio! This tenant-occupied brick home is currently rented on a month-to-month lease at $1,000 per month, providing immediate income with significant upside potential. The current rent is well below today's market rates, making this an outstanding value-add opportunity for investors looking to increase cash flow over time. Pricing reflects the below-market rent, creating exceptional value for savvy buyers. Whether you're looking to continue collecting rental income or gradually reposition the property to maximize returns, this is a strong investment opportunity you won't want to miss. To respect tenant privacy, no showings until an accepted offer.

Price History
7/16/2026 Listed $115,000

General Features

Heating Forced Air
Kitchen Level Entry
Cooling Central A/C
Possession At Close
Garage Detached Garage
Water Public Water
Status Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1940
Subdivision College Crest Sub 1Plats
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 2
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 1 1/2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions W OF MEYERS S PURITAN
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description E SORRENTO 531 COLLEGE CREST SUB NO 1 L50 P13 PLATS,W C R 22/146 36 X 107
DOM 63
Postal Code 48227
Price Per Sq Ft Total AG 77.76
Public Remarks Excellent opportunity to add a cash-flowing investment property to your portfolio! This tenant-occupied brick home is currently rented on a month-to-month lease at $1,000 per month

Interior Features

Dining Room Level Entry
Living Room Level Entry
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Second
Bedroom 2 Level Entry
Kitchen Length 9
Living Room Length 18
Bedroom 2 Width 10
Bedroom 3 Width 13
Dining Room Width 12
Bedroom 2 Length 9
Living Room Width 23
Bedroom 3 Length 9
Dining Room Length 11
Kitchen Width 10
Beds 3
Fireplace? No
Total Rooms 8
Bedroom 1 Length 19
Bedroom 1 Width 23
Below Grade SqFt 1004
Above Grade SqFt 1479
Basement Y/N Yes
Total SqFt Finished 1479

Exterior Features

Exterior Brick
Frontage 36
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 36X107
Garage # of Car 1
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48227

Price
AVG $110K
$120K
Taxes
AVG $2,584
$6,119
Year Built
AVG 1936
1940
Visits
AVG 130
52
Data Provided by Inside Real Estate®

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