Detroit, MI 48235 3440,16191 FERGUSON Street
Detroit, MI 48235 3440,16191 FERGUSON Street
Detroit, MI 48235 3440,16191 FERGUSON Street
Detroit, MI 48235 3440,16191 FERGUSON Street
Detroit, MI 48235 3440,16191 FERGUSON Street
Detroit, MI 48235 3440,16191 FERGUSON Street
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$94,900

$89,900

5.6%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

1,071 SqFt


SOLD DATE : 09/17/2025

Key Details

Sold Price $94,900

Property Type Single Family Home

Sub Type Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,071 sqft

Price per Sqft $88

Subdivision B E Taylors Rainbow Sub ( Plats)

MLS Listing ID 60401678

Sold Date 09/17/25

Style 1 Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,071

Year Built 1947

Annual Tax Amount $2,129

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40.00 x 107.00

Property Sub-Type Single Family

Property Description

Classic charm meets reliable investment potential in this solid 1947 brick home located at 16191 Ferguson St. Currently leased to a dependable Section 8 tenant at $1,100/month - with consistent, on-time payments and strong potential for increased market rent - this property offers immediate cash flow for investors. The home features a practical 3-bedroom, 1-bath layout with a warm and inviting fireplace, forced-air heating, and a partially finished basement perfect for additional living space, a home office, or gym. Additional highlights include an attached garage, fenced backyard for privacy, and a desirable location in Detroit's Crary neighborhood, just minutes from Grand River Avenue and major freeways. While formal renovation records are limited, the home includes durable brick construction, an asphalt roof reportedly in good condition, working kitchen appliances (included in the sale), and a finished basement section. Ideal for both owner-occupants and savvy investors looking for a turnkey opportunity with value-add potential.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Hot Water Gas

Heating Forced Air

Exterior

Parking Features Attached Garage, Gar Door Opener, Direct Access

Garage Spaces 1.0

Garage Yes

Building

Story 1 Story

Foundation Basement

Water Public Water

Architectural Style Ranch

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $250

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional,FHA,VA

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by EXP Z Real Estate
Bought with KW Metro
David Godin

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

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