$229,900 for Sale
3281 glendale street, detroit, MI 48238
| Beds 5 | Baths 2 | 2,274 Sqft | 0.10 Acres |
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Property Description
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.
General Information
Sale Price: $229,900
Price/SqFt: $101
Status: Active
MLS#: rcomi60934061
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: lathrups dexter blvd sub
Acres: 0.1
Lot Dimensions: 35X121.56
Bedrooms:5
Bathrooms:2 (1 full, 1 half)
House Size: 2,274 sq.ft.
Acreage: 0.1 est.
Year Built: 1925
Property Type: Single Family
Style: Contemporary,Other,Traditional
Features & Room Sizes
Bedroom 1: 10x9
Bedroom 2 : 10x12
Bedroom 3: 13x10
Bedroom 4: 26x24
Family Room:
Greatroom:
Dinning Room: 14x13
Kitchen: 12x10
Livingroom: 18x16
Pole Buildings:
Paved Road: Paved Street
Garage: 2
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,986
Est. Winter Taxes: $249
HOA fees:
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Listing By: Erick Howard of Amin Realty, Phone: 833-264-6832
