5279 Cadieux Road, Detroit, Michigan 48224

$85,000

Property Details

MLS#: 20261036864
Bedrooms: 3
Bathrooms: 2
Square Feet: 1,161
Price per Sqft: $73
Lot Size: 0.1 acres
Year Built: 1950
Property Type: Residential
Status: Active
Days on Market: 1

Description

Tenant in place. Income from day one. Future upside built in. This professionally managed brick bungalow in Detroit’s sought-after East English Village offers the kind of straightforward investment opportunity investors are actively looking for. Priced at $85,000, this 3-bedroom, 2-bath home with a 1.5-car garage comes with a tenant already in place through April 2027, generating $1,100/month in gross rent with the tenant paying all utilities. The current tenant has occupied the property since 2023, providing immediate stability, while current lease provides immediate income with room for future rental optimization. Major improvements completed in 2023, including the furnace, hot water heater, and basement waterproofing, help minimize deferred maintenance concerns, while professional management makes ownership transition simple. With established tenancy, strong neighborhood appeal, and immediate income, this is an ideal addition for investors seeking a low-friction portfolio acquisition. Lease, ledger and due diligence documentation available.

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 5279 Cadieux Road?

5279 Cadieux Road is listed at $85,000, or $73 per square foot.

How many bedrooms does 5279 Cadieux Road have?

This property has 3 bedrooms and 2 bathrooms, with 1,161 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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