$75,000 for Sale
16135 cherrylawn street, detroit, MI 48221
Beds 3 | Baths 1 | 816 Sqft | 0.10 Acres |
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Property Description
Looking for a well-maintained, income-producing rental in one of Detroit's most promising neighborhoods? This 3-bedroom bungalow in Fitzgerald is tenant-occupied and ready to generate income from day one. The long-term tenant, currently on a month-to-month lease, will begin paying $1,200/month starting August 1st - and covers their own gas, electric, and water utilities. Ideally located near major freeways (M-10, I-75, I-96, and 8 Mile) and just seconds from University of Detroit Mercy, this property is a solid addition to any seasoned investor's portfolio - or a smart first purchase for a new landlord. Please do not disturb the tenant's quiet enjoyment. Act fast - this opportunity won't last! Property can also be sold as part of a package deal with 20443 Ilene and 20235 Ferguson for $220,000.
General Information
Sale Price: $75,000
Price/SqFt: $92
Status: Active
MLS#: rcomi60923509
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: mc intyre park
Acres: 0.1
Lot Dimensions: 35X123
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 816 sq.ft.
Acreage: 0.1 est.
Year Built: 1952
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 15x15
Bedroom 2 : 11x10
Bedroom 3: 10x10
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 12x10
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Brick,Vinyl Siding
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Cooling: Ceiling Fan(s)
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,840
Est. Winter Taxes: $0
HOA fees:

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Listing By: Lauren Woodson of Berkshire Hathaway HomeServices The Loft Warehouse, Phone: 313-658-6400