16242 Cheyenne Street, Detroit, Michigan 48235
$100,000
Property Details
- MLS#: 20261078802
- Bedrooms: 3
- Bathrooms: 1
- Square Feet: 1,718
- Price per Sqft: $58
- Lot Size: N/A
- Year Built: 1929
- Property Type: Residential
- Transaction: For Sale
- Listing Status: ComingSoon
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
INVESTMENT OPPORTUNITY IN HARMONY VILLAGE! This well-maintained two-story Colonial, featuring a brick and vinyl siding exterior, offers an opportunity for an investor looking for an income-producing property with property management already in place. The property is currently tenant occupied on a month-to-month lease agreement, with the tenant preference to stay. Current rental income is $1,250 per month, and managed by a professional property management company. Located in Harmony Village, north of Puritan and west of Meyers, the property is conveniently situated near Renaissance High School, Cornerstone Adams-Young Elementary, DMC Sinai-Grace Hospital, shopping, dining, transportation, and other everyday conveniences. Recent improvements completed in 2025 included: renovated kitchen and bathroom and replacement of the main sewer line with a backflow preventer. The property is rent-ready and move-in ready, offering the opportunity to purchase a turnkey investment.
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 16242 Cheyenne Street?
16242 Cheyenne Street is listed at $100,000, or $58 per square foot.
How many bedrooms does 16242 Cheyenne Street have?
This property has 3 bedrooms and 1 bathrooms, with 1,718 square feet of living space.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com
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