24409 Bolam Avenue, Warren, Michigan 48089

$154,900

Property Details

MLS#: 20261064209
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,068
Price per Sqft: $145
Lot Size: 0.13 acres
Year Built: 1954
Property Type: Residential
Status: Active
Days on Market: 23

Market Analysis

Estimated Value (CMA): $148,452
Area Avg Price/Sqft: $135
This Property: $145/sqft ($10 above area average)
Price Position: +7.0% vs comparable homes
Comparable Properties Analyzed: 3

Description

Welcome to this updated, income-producing Warren home offering a great opportunity for investors looking to add a solid rental to their portfolio. Renovated in 2024, the home features updated flooring, fresh paint, recessed lighting, a modern fireplace, stainless steel appliances, and an updated bathroom. Additional improvements include newer windows and a new garage door. The property is currently tenant-occupied at **$1,600 per month**, with the same reliable tenant in place for approximately 1.5 years and a strong history of on-time payments. Current rent is below market, giving the next owner potential upside in future rental income. With many of the major updates already completed and a dependable tenant providing immediate cash flow, this property offers an excellent opportunity for an investor looking for a well-maintained, income-producing home in Warren. **Start collecting rent from day one!**

Location

This property is located in Warren, Michigan. Warren is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 24409 Bolam Avenue?

24409 Bolam Avenue is listed at $154,900, or $145 per square foot.

How many bedrooms does 24409 Bolam Avenue have?

This property has 3 bedrooms and 1 bathrooms, with 1,068 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) 484-4696

Email: info@sonicrealty.com

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