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$389,900
3 Beds 3 Baths 20261050103 MLS ACTIVE Status
Turnkey investment opportunity! This well-maintained tri-level home offers 3 bedrooms, 2,014 square feet of living space, and is already tenant-occupied, providing immediate rental income. The long-term tenant has been in place for years and would love to stay, making this an ideal addition to any investment portfolio.Built in 1913, the home has been completed updated, beautifully maintained and is in excellent condition. With spacious living areas and a functional tri-level layout, this property combines charm, stability, and strong investment potential.Whether you're looking to expand your rental portfolio or purchase a cash-flowing property with an established tenant, this is an opportunity you won't want to miss.

146 COLORADO Street, Highland Park

$850,000
5 Beds 7 Baths 20261050268 MLS ACTIVE Status
Welcome to 1925 Wellesley Drive, a distinguished residence in historic Palmer Woods, thoughtfully updated and move-in ready. Set on half an acre, this five-bedroom home blends timeless craftsmanship with an extensive list of high-quality improvements.Step inside to a beautiful foyer with marble floors. Brand-new, site-finished red oak hardwood runs through the living room and across the entire second floor, while the family and dining room floors have been freshly refinished. Rich original woodwork flows throughout, with fresh paint in nearly every room. The formal living room and elegant dining room sit on opposite sides of the foyer, the dining room warmed by a traditional fireplace and ideal for gatherings. At the rear of the house, the large family room, anchored by an oversized fireplace with an indoor grill, opens onto a large screened porch that spans the back of the home. The vintage kitchen, with refreshed cabinetry, adjoins a sunny breakfast room. The large primary suite offers a walk-in closet, a secondary closet, and a private ensuite bath.For peace of mind: two new AC units, whole-house humidifiers, eighteen new energy-efficient windows on the second floor, a replaced flat-roof section, extensive plaster repair, and refreshed baths. Dated wallpaper has been removed, the electrical boxes have been grounded, new three-prong outlets have been installed throughout, and the bedrooms have been wired for Ethernet. A new garage door, a new high-capacity washer and dryer, and a garage freezer.Palmer Woods is among Detroit's most prestigious enclaves, with winding streets, grand homes, and a strong sense of community. The neighborhood offers private security and road snow removal through its special assessment district, and is conveniently located near Downtown Detroit, Ferndale, Birmingham, Palmer Park, Detroit Golf Club, and the Livernois commercial district. The home is eligible for the NEZ-H property tax abatement.

1925 Wellesley Drive, Detroit