19225 Conley Street, Detroit City, Michigan 48234

$85,000

Property Details

MLS#: 81026002091
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,064
Price per Sqft: $80
Lot Size: 0.11 acres
Year Built: 1930
Property Type: Residential
Status: Active
Days on Market: 5

Description

Solid income-producing Detroit brick home--an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio.The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses.Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand.Highlights:Tenant-occupied \ $1,050/month cash rentDSCR above 1.20Brand-new furnaceBrand-new hot water tankSolid brick constructionTurnkey, low-maintenance investmentNo showings without an accepted offer.Ideal for investors seeking reliable cash flow

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 19225 Conley Street?

19225 Conley Street is listed at $85,000, or $80 per square foot.

How many bedrooms does 19225 Conley Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,064 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) 466-2430

Email: info@sonicrealty.com

Similar Homes for Sale in Detroit City

9922 Yorkshire Road, Detroit City — $85,000 · 3bd · 1ba · 1,342sqft
3835 Mount Elliott Street, Detroit City — $85,000 · 4bd · 2ba · 3,028sqft
6413 Linsdale Street, Detroit City — $85,000
20116 Faust Avenue, Detroit City — $85,000 · 2bd · 1ba · 677sqft
19190 Rogge Street, Detroit City — $85,000 · 4bd · 1ba · 1,172sqft
19202 Rogge Street, Detroit City — $85,000 · 3bd · 1ba · 960sqft
12684 Washburn Street, Detroit City — $85,000 · 4bd · 1ba · 1,672sqft
1300 Lafayette Street, Detroit City — $84,000 · 1bd · 1ba · 739sqft