15860 Sorrento Street, Detroit, MI 48227 4030

$115,000
3
BD
2
BA
1,479
SqFt

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List Price
$115,000
Status
ACTIVE
MLS#
61011812
Days on Market
90
Style
Bungalow
Year Built
1940
Bedrooms
3
Bathrooms
1
Half baths
1
Acres
0.09
Living Area
1,479
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
College Crest Sub 1plats

Property Description

Excellent opportunity to add a cash-flowing investment property to your portfolio! This tenant-occupied brick home is currently rented on a month-to-month lease at $1,000 per month, providing immediate income with significant upside potential. The current rent is well below today's market rates, making this an outstanding value-add opportunity for investors looking to increase cash flow over time. Pricing reflects the below-market rent, creating exceptional value for savvy buyers. Whether you're looking to continue collecting rental income or gradually reposition the property to maximize returns, this is a strong investment opportunity you won't want to miss. To respect tenant privacy, no showings until an accepted offer.

Additional Information

Lot Dimensions
36 x 107
Heating
Natural Gas, Forced Air
Cooling
Central Air
Basement
Yes
Basement Description
Unfinished
Foundation
Basement
Water
Public
Garage Spaces
1
School District
Detroit City School District

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Calculator source: Real Geeks

Listing Courtesy of Keller Williams Somerset, Office Phone: 248-649-7200

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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.