12345 Kentucky Street, Detroit, Michigan 48204

$89,000

Property Details

MLS#: 20251040564
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,357
Price per Sqft: $66
Lot Size: 0.09 acres
Year Built: 1921
Property Type: Residential
Status: Active
Days on Market: 123

Description

This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.

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 12345 Kentucky Street?

12345 Kentucky Street is listed at $89,000, or $66 per square foot.

How many bedrooms does 12345 Kentucky Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,357 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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