16191 Strathmoor Street, Detroit, MI 48235

$95,000
3
BD
1
BA
1,100
SqFt

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List Price
$95,000
Days on Market
71
MLS#
20261053994
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
1,100

Property Description

This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases.The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred.Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market.Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

Additional Information

Taxes
$5,575
Acres
0.09
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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