15389 Indiana Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $74
MLS Listing ID 20251023607
Bedrooms 5
Full Baths 2
Year Built 1924
Annual Tax Amount $1,563
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X114
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
SECTION 8 TENANT PAYING $1,500/MONTH! THIS TURNKEY DETROIT RENTAL IS PRICED AT $159,900 AND DELIVERS GUARANTEED MONTHLY INCOME FROM DAY ONE. RECENTLY UPDATED WITH IMPROVEMENTS TO ROOF, MECHANICALS, ELECTRICAL, AND PLUMBING — MAKING IT A LOW-MAINTENANCE, HIGH-YIELD ASSET. ARV IS HIGHER, OFFERING INVESTORS STRONG APPRECIATION POTENTIAL ON TOP OF CASH FLOW. WITH STANDARD INVESTOR FINANCING, THIS PROPERTY CAN DELIVER A DOUBLE-DIGIT CASH-ON-CASH RETURN. LOCATED IN A SOLID RENTAL POCKET, PROFESSIONALLY MANAGED, AND IDEAL FOR BUY-AND-HOLD INVESTORS LOOKING FOR LONG-TERM UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
Location
State MI
County Wayne
Area Wayne County - 100
Direction North of Fenkel, East of Wyoming
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID 16036097
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional