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
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