16616 Blackstone Street, Detroit, Michigan 48219

$55,000

Great Deal - This property is priced $95,974 below comparable homes in the area.

Property Details

MLS#: 20251034533
Bedrooms: 2
Bathrooms: 1
Square Feet: 1,102
Price per Sqft: $50
Lot Size: 0.15 acres
Year Built: 1941
Property Type: Residential
Status: Active
Days on Market: 102

Market Analysis

Estimated Value (CMA): $150,974
Area Avg Price/Sqft: $137
This Property: $50/sqft ($87 below area average)
Price Position: -64.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

Attention investors! Are you looking for great turn-key and performing rental properties in a nice areas? Well here is your chance... This recently updated single family home already has a tenant in place paying $800 (Cash) and it is performing well. The property had been renovated prior to the tenant moving in. We are currently working on getting a new lease signed with month to month terms. This tenant has lived in the home for multiple years and would like to stay. For now, all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. Let's make a deal! Seller will require an accepted offer with proof of funds before access can be permitted.

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 16616 Blackstone Street?

16616 Blackstone Street is listed at $55,000, or $50 per square foot.

How many bedrooms does 16616 Blackstone Street have?

This property has 2 bedrooms and 1 bathrooms, with 1,102 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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