18027 Moenart Street, Detroit, Michigan 48234

$80,000

Property Details

MLS#: 20261021131
Bedrooms: 2
Bathrooms: 1
Square Feet: 732
Price per Sqft: $109
Lot Size: 0.08 acres
Year Built: 1950
Property Type: Residential
Status: Active
Days on Market: 64

Description

Turnkey income-producing property — tenant in place, cash flowing from day one. This updated 3-bed, 1-bath bungalow is currently occupied by a cash-paying tenant on a one-year lease at $1,100/month, delivering a 14% ROI with 20% down. The property has been fully renovated — no deferred maintenance, no capital expenditure surprises. Updates include new flooring, fresh paint, updated lighting, a renovated kitchen with new cabinetry and countertops, and updated mechanicals in the full basement. Low-maintenance exterior means minimal ongoing upkeep costs. Layout offers strong rental flexibility: two main-floor bedrooms plus a large upper-level third bedroom that can serve as a flex space — attractive to a wide tenant pool. Private driveway and fenced yard add practical tenant appeal and support long-term retention. Conveniently located near major roads, shopping, and everyday amenities — a solid rental location that supports low vacancy risk. Ideal for the buy-and-hold investor seeking immediate cash flow!

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 18027 Moenart Street?

18027 Moenart Street is listed at $80,000, or $109 per square foot.

How many bedrooms does 18027 Moenart Street have?

This property has 2 bedrooms and 1 bathrooms, with 732 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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