120 Woodland Street, Detroit City, Michigan 48202

$284,900

Property Details

MLS#: 81026022870
Bedrooms: 5
Bathrooms: 4
Square Feet: 2,318
Price per Sqft: $123
Lot Size: 0.12 acres
Year Built: 1908
Property Type: Residential
Status: Active
Days on Market: 86

Market Analysis

Estimated Value (CMA): $310,612
Area Avg Price/Sqft: $128
This Property: $123/sqft ($5 below area average)
Price Position: -4.0% vs comparable homes
Comparable Properties Analyzed: 5

Description

ATTENTION INVESTORS! Turnkey, income-producing opportunity at 120 Woodland Street, Detroit, MI! This beautifully remodeled 3-level property is professionally appraised at $315,000 and comes with a reliable tenant already in place paying $2,600 per month on a 12-month lease. The tenant has a strong history of paying rent on time, providing immediate cash flow of $31,200 in gross annual rental income from day one. Offering 2318 sq ft, this spacious home features 5 bedrooms, 2.5 updated bathrooms, new flooring, modern finishes, and a beautifully renovated kitchen with granite countertops, stylish cabinetry, and newer appliances. The partially finished basement provides additional usable space, while the oversized backyard adds even more tenant appeal. Ideally located just minutes from New Center and approximately 10 minutes from Downtown Detroit, with convenient access to restaurants, shopping, entertainment, major employers, and freeways. Whether you're expanding an existing port

Location

This property is located in Detroit City, Michigan. Detroit City is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 120 Woodland Street?

120 Woodland Street is listed at $284,900, or $123 per square foot.

How many bedrooms does 120 Woodland Street have?

This property has 5 bedrooms and 4 bathrooms, with 2,318 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 484-4696

Email: info@sonicrealty.com

Similar Homes for Sale in Detroit City

18627 Washburn Street, Detroit City — $285,000 · 5bd · 2ba · 2,016sqft
18050 Wisconsin Street, Detroit City — $285,000 · 3bd · 1ba · 2,153sqft
418 King Street, Detroit City — $285,000 · 3bd · 1ba · 1,964sqft
1975 Taylor Street, Detroit City — $290,000
14145 Faust Avenue, Detroit City — $292,500 · 4bd · 1ba · 2,600sqft
14145 Faust Avenue, Detroit City — $292,500 · 4bd · 1ba · 2,600sqft
5827 Baker Street, Detroit City — $275,000 · 4bd · 2ba · 2,000sqft
5083 Devonshire Road, Detroit City — $275,000