Highland Park, MI 48203,20490 HANNA Street
Highland Park, MI 48203,20490 HANNA Street
Highland Park, MI 48203,20490 HANNA Street
15
$58,900
Est.Price: ?

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4 BD
2 BA
1,276 SqFt

20490 HANNA Street Highland Park, MI 48203

Est. payment /mo
SOLD DATE : 02/07/2025

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,276 sqft

Price per Sqft $45

MLS Listing ID 20240072639

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1947

Annual Tax Amount $1,050

Lot Size 3,920 Sqft

Property Sub-Type Single Family Residence

Property Description

Long-Term Tenant Investment Opportunity – Detroit Brick BungalowAn incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1,400/month, there's great potential for increased cash flow.Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants.Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don't miss out on this prime investment opportunity in a growing area of Detroit!

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 2

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by Zest Realty LLC

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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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