18627 Asbury Park, Detroit, Michigan 48235

$112,500

Property Details

MLS#: 20261032068
Bedrooms: 2
Bathrooms: 1
Square Feet: 723
Price per Sqft: $156
Lot Size: 0.09 acres
Year Built: 1939
Property Type: Residential
Status: Active
Days on Market: 15

Description

Welcome to this cozy and fully updated ranch home located in Detroit's desirable College Park neighborhood — a turnkey rental investment currently generating $1,200/month with a reliable, cash-paying tenant already in place! This income-producing property features brand-new laminate flooring, fresh paint throughout, updated bathrooms and kitchen, new windows, and new appliances, requiring zero renovation and offering immediate cash flow from day one. The home offers a functional and comfortable layout with plenty of natural light, a full basement for extra storage or additional living space, and a garage for added convenience. With a 12% ROI at just 20% down, this is a rare opportunity to acquire a stabilized asset in a desirable Detroit neighborhood — don't miss out, inquire today!

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 18627 Asbury Park?

18627 Asbury Park is listed at $112,500, or $156 per square foot.

How many bedrooms does 18627 Asbury Park have?

This property has 2 bedrooms and 1 bathrooms, with 723 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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