5077 Berkshire Street, Detroit, Michigan 48224

$119,000

Property Details

MLS#: 20261024259
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,464
Price per Sqft: $81
Lot Size: 0.1 acres
Year Built: 1925
Property Type: Residential
Status: Active
Days on Market: 9

Market Analysis

Estimated Value (CMA): $111,264
Area Avg Price/Sqft: $76
This Property: $81/sqft ($5 above area average)
Price Position: +7.0% vs comparable homes
Comparable Properties Analyzed: 7

Description

Opportunity meets simplicity at this 3-bedroom, 1-bath single-family home in 48224, an ideal fit for buy-and-hold investors seeking day-one income with a straightforward footprint. A strong tenant is already in place at $1,400 per month, delivering immediate cash flow from the moment you take ownership, all within the up-and-coming Morningside neighborhood. Inside, 1,464 sq ft offers practical, usable space across three bedrooms and one full bath, providing a layout that supports everyday living and long-term rental demand. The single-family setup offers the privacy and independence many renters prefer, while the bedroom count keeps the home versatile without complicating operations. With a tenant already performing at $1,400 monthly, your focus stays on steady income rather than vacancy and turnover. Outside, the 4,487 sq ft lot is a manageable size that can be easier to maintain while still offering room to enjoy outdoor time. It strikes a balance many landlords appreciate: enough space to feel like a true single-family property, without the scale that can increase upkeep. Location matters for long-term holds, and this home sits in Morningside, a neighborhood on the rise, positioning you to benefit from continued area growth while collecting rent. For investors seeking a clean, income-producing single-family asset in 48224, the story is clear: occupied, paying, and ready to add to your portfolio. Please do not disturb tenants. Contact us for details and to schedule a showing by appointment.

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 5077 Berkshire Street?

5077 Berkshire Street is listed at $119,000, or $81 per square foot.

How many bedrooms does 5077 Berkshire Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,464 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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