18750 Kingsville Street, Detroit, Michigan 48225

$100,000

Property Details

MLS#: 20261036729
Bedrooms: 3
Bathrooms: 1
Square Feet: 970
Price per Sqft: $103
Lot Size: 0.11 acres
Year Built: 1950
Property Type: Residential
Status: Active
Days on Market: 109

Market Analysis

Estimated Value (CMA): $59,170
Area Avg Price/Sqft: $71
This Property: $103/sqft ($32 above area average)
Price Position: +45.0% vs comparable homes
Comparable Properties Analyzed: 7

Description

This beautifully renovated bungalow is truly turnkey — a great addition to any investor’s portfolio! Currently tenant-occupied at $1,250/month on a month-to-month Section 8 lease, this property provides immediate cash flow from day one with future upside potential through rent increases over time. The tenant is current on payments, takes pride in the home, and would love to remain for added stability. Professionally managed by a local property management company, buyers have the option to continue management for a seamless transition or self-manage the property. Conveniently located on Detroit’s east side with easy access to amenities and transportation, this is a solid income-producing opportunity in Detroit’s growing rental market. Subject to tenant’s rights. Please do not disturb tenants. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

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 18750 Kingsville Street?

18750 Kingsville Street is listed at $100,000, or $103 per square foot.

How many bedrooms does 18750 Kingsville Street have?

This property has 3 bedrooms and 1 bathrooms, with 970 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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