16191 Strathmoor St, Detroit, MI 48235

$90,000
3
BD
1
BA
1,100
SqFt

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List Price
$90,000
MLS#
20261082553
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
1,100
Subdivision
CHARLES ENGEL

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

Year Built
1940
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.09
Lot Dimensions
35X111
Style
Bungalow
Acres
0.09
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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