$58,900 for Sale
20490 hanna street, highland park, MI 48203
| Beds 3 | Baths 2 | 1,276 Sqft | 0.09 Acres |
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Property Description
Long-Term Tenant Investment Opportunity – Detroit Brick Bungalow An 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!
General Information
Sale Price: $58,900
Price/SqFt: $46
Status: Active
MLS#: rcomi20240072639
City: detroit
Post Office: highland park
Schools: detroit
County: Wayne
Subdivision: eight-oakland sub no 1 (plats)
Acres: 0.09
Lot Dimensions: 40.00 x 100.00
Bedrooms:3
Bathrooms:2 (1 full, 1 half)
House Size: 1,276 sq.ft.
Acreage: 0.09 est.
Year Built: 1947
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 1 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary),Sewer at Street
Watersource: Public (Municipal),Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $962
Est. Winter Taxes: $88
Legal Description: E HANNA N 15 FT 950 S 25 FT 951 EIGHT-OAKLAND SUB NO 1 L37 P23 PLATS, W C R 9/176 40 X 100
IDX provided courtesy of Realcomp II Ltd. via Oakland Corners Realty and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Timothy Moore of Zest Realty LLC, Phone: (248) 270-8238
