16191 Strathmoor StreetDetroit, MI 48235

About

This Home

This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

Details

Property Type

Residential

Style

Single Family Residence

Year Built

1940

Lot Size

0.09 acres

Garage Spaces

0

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Unfinished

Annual Taxes

$5,575

MLS #

20261082553

Gallery