19970 Stratford Road, Detroit, Michigan 48221

$295,000

Property Details

MLS#: 20261027321
Bedrooms: N/A
Bathrooms: 2
Square Feet: 2,931
Price per Sqft: $101
Lot Size: 0.11 acres
Year Built: 1934
Property Type: ResidentialIncome
Status: Active
Days on Market: 30

Description

Strong investment opportunity in the heart of Palmer Park, one of Detroit's most established and walkable neighborhoods. This duplex is already producing $2,000 a month in income, with the top unit leased at $1,500 and a separate basement bedroom rented at $500, while the lower unit sits vacant and ready for its next owner or tenant. That open unit makes the property an ideal house-hack setup, where a buyer can move into their own space and let the existing tenants help carry the mortgage from day one, or a turnkey play for an investor who simply wants to fill the vacancy at market rent and run the building as pure cash flow. With roughly 2,931 square feet of living space, a shared driveway, and a private rear parking lot that tenants consistently appreciate, the layout fits the way people actually want to live in this part of the city. Step outside and Palmer Park is right there with its hiking and biking trails, tennis courts, and 18-hole golf course, and you are just minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and the shopping and dining along Woodward Avenue and McNichols Road. Recent comparable duplex sales in the immediate area have been pricing in the mid three hundreds with 3-bedroom units leasing in the upper $1,600s, pointing to real upside on both rents and long-term value. Whether you are a seasoned investor expanding your portfolio or a first-time buyer breaking into the market the smart way, properties like this do not stay available long in Palmer Park.

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 19970 Stratford Road?

19970 Stratford Road is listed at $295,000, or $101 per square foot.

How many bedrooms does 19970 Stratford Road have?

This property has N/A bedrooms and 2 bathrooms, with 2,931 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

Similar Homes for Sale in Detroit

4486 Seyburn Street, Detroit — $295,000 · 3bd · 1ba · 2,195sqft
1933 11th Street, Detroit — $295,000 · 3bd · 1ba · 1,200sqft
1933 11th Unit #1, Detroit — $295,000 · 3bd · 1ba · 1,200sqft
2564 WOODSTOCK Drive, Detroit — $295,000 · 3bd · 1ba · 1,682sqft
2555 Boston Boulevard, Detroit — $294,999 · 3bd · 2ba · 2,204sqft
1001 JEFFERSON Avenue, Detroit — $294,995 · 2bd · 2ba · 1,129sqft
1956 Lothrop Street, Detroit — $294,900 · 4bd · 1ba · 1,523sqft
3508 Parker Street, Detroit — $296,000 · 3bd · 2ba · 1,400sqft