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About the Listing 104877 - 679842
Classic charm meets reliable investment potential in this solid 1947 brick home located at 16191 Ferguson St. Currently leased to a dependable Section 8 tenant at $1,100/month - with consistent, on-time payments and strong potential for increased market rent - this property offers immediate cash flow for investors. The home features a practical 3-bedroom, 1-bath layout with a warm and inviting fireplace, forced-air heating, and a partially finished basement perfect for additional living space, a home office, or gym. Additional highlights include an attached garage, fenced backyard for privacy, and a desirable location in Detroit's Crary neighborhood, just minutes from Grand River Avenue and major freeways. While formal renovation records are limited, the home includes durable brick construction, an asphalt roof reportedly in good condition, working kitchen appliances (included in the sale), and a finished basement section. Ideal for both owner-occupants and savvy investors looking for a turnkey opportunity with value-add potential.
Listing Highlights for 16191 Ferguson
Status
Pending
Days on Site
96
Property Type
Residential
MLS ®
60401678
Year Built
1947
Total Square Footage
1,071
Lot/Acreage
0.1
County
Wayne
Neighborhood
B E Taylors Rainbow Sub ( Plats)
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1071
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: 1 car
- Lot Dimensions: 40.00 x 107.00
- Roof:
- Others: Fenced Yard
- Sewer: Public Sanitary
- Parking Features: Attached Garage,Direct Access,Gar Door Opener
Financial Details
- Tax Amount: $2,129
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
16191 Ferguson Detroit, MI 48235
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