3920 Devonshire Road, Detroit, Michigan 48224

$200,000

Property Details

MLS#: 20261032525
Bedrooms: N/A
Bathrooms: 2
Square Feet: 2,392
Price per Sqft: $84
Lot Size: 0.11 acres
Year Built: 1941
Property Type: ResidentialIncome
Status: Active
Days on Market: 28

Description

Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional 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 3920 Devonshire Road?

3920 Devonshire Road is listed at $200,000, or $84 per square foot.

How many bedrooms does 3920 Devonshire Road have?

This property has N/A bedrooms and 2 bathrooms, with 2,392 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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