MI > Detroit
Detroit, MI 48205-1450,16044 Fairmount Drive
Detroit, MI 48205-1450,16044 Fairmount Drive
Detroit, MI 48205-1450,16044 Fairmount Drive
Detroit, MI 48205-1450,16044 Fairmount Drive
Detroit, MI 48205-1450,16044 Fairmount Drive
Detroit, MI 48205-1450,16044 Fairmount Drive
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
31
Aug
Mon
1
Sep
Tue
2
Sep
David Godin

David Godin

+1(586) 416-0600
$ 45,000
Est. payment | /mo

3 Beds

1 Bath

904 SqFt

Save
$ 45,000
Est. payment | /mo
Save

3 Beds

1 Bath

904 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 904 sqft

Price per Sqft $49

MLS Listing ID 70488423

Style 2 Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 904

Year Built 1942

Annual Tax Amount $1,013

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 37.00X123.00

Property Sub-Type Single Family

Property Description

Prime Investment Opportunity in DetroitThis isn't just another property; it's a turnkey, cash-flowing asset ready to elevate your portfolio. Located on a peaceful residential street, this tenant-occupied home offers immediate, reliable income and is a smart addition for any investor looking for both stability and growth.Key Investment Highlights:Instant Cash Flow: Start generating income from day one. This property comes with a stable, long-term tenant already in place.Proven Reliability: The current tenant has a remarkable 15-year history of on-time payments, providing a consistent and predictable income stream of $770/month.Strategic Value-Add Potential: Beyond the immediate cash flow, there's significant upside.

Location

State MI

County Wayne

Area Detroit (82001)

Interior

Heating Forced Air

Exterior

Garage No

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Detroit City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional,Land Contract

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Arterra Luxe Collection LLC
agent-avatar

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

Learn More About LPT Realty

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of David Godin, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
Tour the Home

16044 Fairmount Drive