9809 Philip Street, Detroit, Michigan 48224

$75,000

Property Details

  • MLS#: 20261036412
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Feet: 997
  • Price per Sqft: $75
  • Lot Size: N/A
  • Year Built: 1938
  • Property Type: Residential
  • Transaction: For Sale
  • Listing Status: Active
  • Days on Market: 135

Tax and Assessment Information

Tax and assessment information is unavailable.

Description

Turnkey Detroit Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath all-brick bungalow on Detroit’s east side is the perfect addition to any investor’s portfolio. Renovated in 2025, the property features updated finishes while maintaining its classic brick charm. Currently tenant-occupied at $1,050/month on a month-to-month lease, offering immediate cash flow from day one with additional upside potential through future rent increases over time. The tenant is current on all payments, takes pride in the home, and would like to remain in place for added stability. Professionally managed by a local property management company, giving buyers the flexibility to retain management for a seamless transition or self-manage the asset. Whether you’re a seasoned investor or just getting started, this is a solid income-producing property with strong rental potential in a growing Detroit market. Subject to tenants right. Please do not disturb the tenants. No showings without an accepted offer. Photos were taken before the tenants moved in.

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 9809 Philip Street?

9809 Philip Street is listed at $75,000, or $75 per square foot.

How many bedrooms does 9809 Philip Street have?

This property has 3 bedrooms and 1 bathrooms, with 997 square feet of living space.

Ask about this property

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Phone: (313) 484-4696

Email: info@sonicrealty.com

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