9809 Philip St, Detroit, MI 48224

$75,000
3
BD
1
BA
997
SqFt

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List Price
$75,000
MLS#
20261082546
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
997
Subdivision
PARK MANOR DEV COS PARK DRIVE SUB

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

Year Built
1938
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.08
Lot Dimensions
35X101.5
Style
Bungalow
Acres
0.08
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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Courtesy of Good Company 2487335811

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