16242 Cheyenne

Detroit, MI 48235
  • $90,000

    Price
  • 3

    Bed
  • 1

    Bath
  • 1,123

    SqFt
  • 0.08

    Acre

About the Listing 99193 - RC400617

INVESTMENT OPPORTUNITY IN HARMONY VILLAGE! This well-maintained two-story Colonial, featuring a brick and vinyl siding exterior, offers an opportunity for an investor looking for an income-producing property with property management already in place. The property is currently tenant occupied on a month-to-month lease agreement, with the tenant preference to stay. Current rental income is $1,250 per month, and managed by a professional property management company. Located in Harmony Village, north of Puritan and west of Meyers, the property is conveniently situated near Renaissance High School, Cornerstone Adams-Young Elementary, DMC Sinai-Grace Hospital, shopping, dining, transportation, and other everyday conveniences. Recent improvements completed in 2025 included: renovated kitchen and bathroom and replacement of the main sewer line with a backflow preventer. The property is rent-ready and move-in ready, offering the opportunity to purchase a turnkey investment.

Listing Highlights for 16242 Cheyenne

Status Active
Days on Site 30
Property Type Residential
MLS ® 61036445
Year Built 1929
Total Square Footage 1,123
Lot/Acreage 0.08

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full
  • Appliances: Range/Oven, Refrigerator
  • Air Cond: Ceiling Fan(s)
  • Heating: Natural Gas,Forced Air
  • Fireplaces: LivRoom Fireplace
  • Floor:
  • Above Ground Sq Ft: 1123
  • Below Ground Sq Ft: 595
  • Basement: Unfinished
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 33X105.3
  • Roof:
  • Others: Fenced Yard,Porch
  • Sewer:

Financial Details

  • Tax Amount: $2,749
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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16242 Cheyenne Detroit, MI 48235

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Originating MLS: RealComp

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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