343 Elmhurst Street, Detroit, Michigan 48203

$235,000

Property Details

  • MLS#: 20261056873
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Feet: 2,442
  • Price per Sqft: $96
  • Lot Size: N/A
  • Year Built: 1916
  • Property Type: Residential
  • Status: Active
  • Days on Market: 52

Tax and Assessment Information

Assessment evidence unavailable.

Description

This extensively renovated 5-bedroom, 2-bath Colonial is currently tenant occupied with a lease generating $2,100 per month ($25,200 annually), providing immediate rental income from day one. Acquired in 2023 and fully renovated prior to tenant occupancy, the property features updated flooring, fresh paint, a modernized kitchen, renovated bathrooms, newer windows, updated electrical and plumbing, a newer roof, and numerous additional improvements throughout. Offering approximately 2,442 square feet of living space, spacious room sizes, and a versatile floor plan, this property presents an outstanding opportunity for investors seeking a quality, low-maintenance asset with strong long-term appreciation potential. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

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 343 Elmhurst Street?

343 Elmhurst Street is listed at $235,000, or $96 per square foot.

How many bedrooms does 343 Elmhurst Street have?

This property has 5 bedrooms and 2 bathrooms, with 2,442 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) 484-4696

Email: [email protected]

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