11421 SORRENTO Street, Detroit, Michigan 48227

$59,000

Property Details

MLS#: 20251048260
Bedrooms: 3
Bathrooms: 1
Square Feet: 960
Price per Sqft: $61
Lot Size: 0.12 acres
Year Built: 1951
Property Type: Residential
Status: Active
Days on Market: 96

Market Analysis

Estimated Value (CMA): $70,080
Area Avg Price/Sqft: $73
This Property: $61/sqft ($12 below area average)
Comparable Properties Analyzed: 2

Description

Investor Special – Tenant Occupied with Immediate Income Potential! Great opportunity for investors looking to add to their portfolio or buyers utilizing an FHA 203(k) renovation loan. This tenant-occupied property offers immediate rental income while providing future value-add potential. Major exterior improvements have already been completed, including a newer roof, new blackout picture window, attractive front entry door, and updated kitchen backsplash. The kitchen features brand-new cabinetry(2025) ready for your finishing touches, allowing you to customize the space to maximize value. The basement offers excellent potential for additional living space with room to add a partition wall and possible bathroom expansion, creating increased functionality and future equity. There is also an opportunity to finish the basement with drywall for added living or recreational space. The detached garage could benefit from rehabilitation, providing another value-add opportunity for the next owner. Conveniently located on Detroit's west side just off Plymouth Road, the property is situated near a neighborhood park and offers easy access to shopping, schools, and major thoroughfares. Whether you're seeking a cash-flowing rental, a long-term hold, or a future renovation project, this property presents a solid opportunity with several key updates already completed. Buyer to verify all measurements and information. Please do not disturb tenant. Showings available by appointment only.

Location

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

Frequently Asked Questions

What is the price of 11421 SORRENTO Street?

11421 SORRENTO Street is listed at $59,000, or $61 per square foot.

How many bedrooms does 11421 SORRENTO Street have?

This property has 3 bedrooms and 1 bathrooms, with 960 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

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