9809 Philip Street, Detroit, MI 48224

$80,000
3
BD
1
BA
997
SqFt

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List Price
$80,000
Price Change
▼ $5,000 1784248545
Days on Market
76
MLS#
20261036412
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
997

Property 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.

Additional Information

Taxes
$770
Acres
0.08
Heating
Forced Air
School District
Detroit
Sewer
Public Sewer
Stories
2
Style
Bungalow
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ryan Lonsway from Listing Office: Real Broker, LLC Troy.

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