Detroit, MI 48204,12345 Kentucky Street
Detroit, MI 48204,12345 Kentucky Street
Detroit, MI 48204,12345 Kentucky Street
4
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$89,000
Est. payment /mo
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3 Beds
1 Bath
1,357 SqFt
New

12345 Kentucky Street Detroit, MI 48204

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,357 sqft

Price per Sqft $65

MLS Listing ID 20251040564

Bedrooms 3

Full Baths 1

Year Built 1921

Annual Tax Amount $1,580

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 40X100

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.

Location

State MI

County Wayne

Area Wayne County - 100

Direction Greenfield to Grandriver

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Garage Yes

Building

Story 2

Water Public

Structure Type Wood Siding

Schools

School District Detroit

Others

Tax ID W16I037212S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Next Level Realty & Investments

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Chris Buckely

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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12345 Kentucky Street