16191 Strathmoor Street, Detroit, Michigan 48235

$95,000

Property Details

MLS#: 20261053994
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,100
Price per Sqft: $86
Lot Size: 0.09 acres
Year Built: 1940
Property Type: Residential
Status: Active
Days on Market: 6

Description

This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

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 16191 Strathmoor Street?

16191 Strathmoor Street is listed at $95,000, or $86 per square foot.

How many bedrooms does 16191 Strathmoor Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,100 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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