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About the Listing 104654 - 669080
Nestled in the heart of Detroit, Michigan, the single-family residence at 3281 Glendale ST presents a unique opportunity. This property, with its inherent charm, stands ready to be reimagined. The residence includes five bedrooms, providing an abundance of private space. Imagine the possibilities: transform each room into personalized sanctuaries, spaces for creativity, or havens for restful nights. Constructed in 1925, this home carries a legacy within its walls. Consider the stories it holds and the potential it offers to craft your own narrative within its structure. This property is tenant-occupied at $1,990 per month, generating nearly $24,000 annually in rental income. At the $230,000 asking price, that's a 10.4% gross ROI - a strong return and immediate cash flow opportunity for investors. Located just one block east of the highly desirable Russell Woods neighborhood, this property combines updates, income, and location - making it a smart addition to any rental portfolio. Do not disturb tenant.
Listing Highlights for 3281 Glendale
Status
Active
Days on Site
9
Property Type
Residential
MLS ®
60934061
Year Built
1925
Total Square Footage
2,274
Lot/Acreage
0.1
County
Wayne
Neighborhood
Lathrups Dexter Blvd Sub
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 5
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2274
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: 2 car
- Lot Dimensions: 35X121.56
- Roof:
- Others:
- Sewer:
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $2,235
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
3281 Glendale Detroit, MI 48238
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