5732 Neff Avenue, Detroit, Michigan 48224

$85,000

Property Details

MLS#: 20251049860
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,045
Price per Sqft: $81
Lot Size: 0.17 acres
Year Built: 1941
Property Type: Residential
Status: Active
Days on Market: 118

Market Analysis

Estimated Value (CMA): $48,070
Area Avg Price/Sqft: $46
This Property: $81/sqft ($35 above area average)
Price Position: +85.0% vs comparable homes
Comparable Properties Analyzed: 5

Description

Excellent investment opportunity in Detroit! This 3-bedroom, 1-bath bungalow is tenant-occupied with a long-term lease generating $1,033.18/month, offering immediate and steady cash flow for your portfolio. The property features solid bones and a consistent rental history, ideal for investors looking to expand their holdings. Please do not disturb tenants. Interior photos available upon request. All measurements and data are approximate; buyer’s agent to verify all information. Property is sold AS-IS, with the buyer responsible for city inspection and certification requirements (it's needed). Schedule your showing today and secure this income-producing asset!

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 5732 Neff Avenue?

5732 Neff Avenue is listed at $85,000, or $81 per square foot.

How many bedrooms does 5732 Neff Avenue have?

This property has 3 bedrooms and 1 bathrooms, with 1,045 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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