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About the Listing 104654 - RC423833,RC393477
Welcome to a fully renovated, turnkey investment opportunity in Detroit's rapidly appreciating Morningside neighborhood. This solid brick bungalow is already income-producing with an active lease in place at $1,300/month, delivering immediate cash flow from day one. The home has been thoughtfully updated with brand-new laminate flooring, fresh modern paint, new windows, and a completely renovated kitchen and bathroom - keeping maintenance low and minimizing future capital expenditures. A new HVAC system will also be installed prior to closing, providing added value and long-term peace of mind. With strong rental demand in the area and ongoing neighborhood appreciation, this property is ideal for investors seeking stability and growth. Based on a 20% down payment, the property offers an estimated 10% return on investment, making it a compelling buy-and-hold asset. Don't miss the chance to secure a low-maintenance, cash-flowing property in one of Detroit's most promising rental markets.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Residential
MLS ®
60989110
Year Built
1944
Total Square Footage
782
Lot/Acreage
0.12
County
Wayne
Neighborhood
Holtzman Joseph Also Pg 76
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: 782
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: Breed Restrictions
- Water: Public Water
Exterior Details
- Garage Capacity: 2 car
- Lot Dimensions: 42X123.61
- Roof:
- Others:
- Sewer:
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $315
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
12582 Duchess Detroit, MI 48224
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