8220 BURT Road Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48228
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,004 sqft
Price per Sqft $69
MLS Listing ID 20250020058
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1941
Annual Tax Amount $644
Lot Size 5,227 Sqft
Property Sub-Type Single Family Residence
Property Description
Welcome to 8220 Burt road in the Warrendale neighborhood of Detroit. This house is a dream for a new or seasoned investor as the property collecting an astounding 16.2% ROI, or 110% cash on cash for an investor using a DSCR loan. This house has been fully renovated over the last 2 years with new kitchen, windows, flooring, paint, etc, and due to this our tenants do not want to leave. Tenants are cash paying and do not miss a month. Seller also has other cash flowing rentals in the city he would be willing to package together for the right investor. No showings without an accepted offer to not disturb our tenant
Location
State MI
County Wayne
Area Wayne County - 100
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Building
Story 1
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional