7244 Ford Avenue, Warren, Michigan 48091

$100,000

Property Details

MLS#: 20261056360
Bedrooms: 2
Bathrooms: 1
Square Feet: 732
Price per Sqft: $137
Lot Size: 0.11 acres
Year Built: 1946
Property Type: Residential
Status: Active
Days on Market: 24

Market Analysis

Estimated Value (CMA): $93,696
Area Avg Price/Sqft: $119
This Property: $137/sqft ($18 above area average)
Price Position: +15.0% vs comparable homes
Comparable Properties Analyzed: 3

Description

This two-bedroom, one-bathroom rental is the best opportunity for a turnkey investment in South Warren! This property has both a full basement and a garage, and is priced below market value with a long term reliable tenant already in place who wishes to remain for another term, this turnkey asset allows you to close and generate immediate income from day one. The home is currently generating $1,250 per month in rent making this a hassle-free, income-producing deal for a savvy investor!

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 7244 Ford Avenue?

7244 Ford Avenue is listed at $100,000, or $137 per square foot.

How many bedrooms does 7244 Ford Avenue have?

This property has 2 bedrooms and 1 bathrooms, with 732 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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