17344 Salem Street, Detroit, Michigan 48219

$99,000

Property Details

MLS#: 20261034802
Bedrooms: 3
Bathrooms: 1.5
Square Feet: 1,000
Price per Sqft: $99
Lot Size: 0.2 acres
Year Built: 1944
Property Type: Residential
Status: Active
Days on Market: 68

Description

Excellent investment opportunity at 17344 Salem in Detroit! This well-maintained 3-bedroom, 1.5-bath bungalow is tenant-occupied with a long-term, reliable tenant who has been in the property for over 10 years and is signing a new lease at $1,300 per month, making this a strong turnkey addition to any investor’s portfolio. The home features an updated kitchen and full bathroom, plenty of natural light throughout, and a full basement with updated plumbing. Major improvements include a newer roof replaced within the last few years, helping provide peace of mind for future ownership. Outside, you’ll find a large backyard along with a detached two-car garage. The property previously appraised for $120,000 just a couple of years ago, adding to the overall value and upside potential. Whether you are a seasoned investor or looking to start your rental portfolio, this income-producing property is a great low maintenance option!

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 17344 Salem Street?

17344 Salem Street is listed at $99,000, or $99 per square foot.

How many bedrooms does 17344 Salem Street have?

This property has 3 bedrooms and 1.5 bathrooms, with 1,000 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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