15860 Sorrento Street, Detroit, Michigan 48227
$115,000
Property Details
- MLS#: 20261054096
- Bedrooms: 3
- Bathrooms: 1.5
- Square Feet: 1,479
- Price per Sqft: $78
- Lot Size: 0.09 acres
- Year Built: 1940
- Property Type: Residential
- Status: Active
- Days on Market: 4
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.
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 15860 Sorrento Street?
15860 Sorrento Street is listed at $115,000, or $78 per square foot.
How many bedrooms does 15860 Sorrento Street have?
This property has 3 bedrooms and 1.5 bathrooms, with 1,479 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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