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+15868545396
Community Choice Realty
9327 Schaefer Highway, Detroit, MI 48228 2518
- $215,000
- 4
- BD
- 3
- BA
- 1,965
- SqFt
- List Price
- $215,000
- Status
- ACTIVE
- MLS#
- 60944071
- Days on Market
- 362
- Style
- Bungalow
- Year Built
- 1951
- Price Change
- ▼ $15,000 1761610682
- Bedrooms
- 4
- Bathrooms
- 2
- Half baths
- 1
- Acres
- 0.10
- Living Area
- 1,965
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Plymouth-Monnier Heights
Property Description
Turnkey investment opportunity with immediate income. This updated bungalow is currently leased at $1,800 per month under a one-year lease to a business tenant that has expressed interest in a longer-term tenancy, offering investors immediate cash flow with potential for continued occupancy. The property features extensive updates, including a new roof, laminate flooring, fresh paint, an expanded upper level for additional living space, and an updated kitchen complete with a stainless steel refrigerator and gas range. The partially finished basement adds additional functional space, enhancing overall usability and appeal. Major mechanical updates help reduce near-term capital expense concerns, including the furnace and hot water heater already in place, making this an attractive low-maintenance addition to a buy-and-hold portfolio. Conveniently located just minutes from the Aviation Subdivision, Eastborn Market, gas stations, I-96, and everyday amenities, this location supports strong ongoing rental appeal. A compelling opportunity for investors seeking a stabilized, income-producing asset with immediate returns and long-term upside. Measurements are approximate. Be sure to view the video tour and smart floor plan. Showings only upon accepted offer.
Additional Information
- Lot Dimensions
- 40 x 110
- Interior Features
- Cable/Internet Avail., DSL Available
- Heating
- Natural Gas, Forced Air
- Cooling
- Window Unit(s)
- Basement
- Yes
- Basement Description
- Partially Finished
- Appliances
- Freezer, Range/Oven, Refrigerator, Gas Water Heater
- Foundation
- Basement
- Water
- Public
- Garage Spaces
- 1
- School District
- Detroit City School District
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Listing Courtesy of Max Broock Realtors, Office Phone: 248-851-4100
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.