$164,900 for Sale
18024 fenmore street, detroit, MI 48235
| Beds 3 | Baths 2 | 1,365 Sqft | 0.10 Acres |
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Property Description
SECTION 8 RENTAL â TENANT PAYING $1,600/MONTH! MAJOR UPDATES INCLUDE NEWER ROOF, MECHANICALS, AND ELECTRICAL SYSTEMS. PRICED AT $174,900, THIS TURNKEY PROPERTY OFFERS STRONG, GUARANTEED CASH FLOW FROM DAY ONE. WITH STANDARD INVESTOR FINANCING, THIS ASSET DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN â RARE FOR DETROIT AT THIS QUALITY LEVEL. ARV IS $200Kâ$220K, GIVING BUY-AND-HOLD INVESTORS A PERFECT EXIT STRATEGY AFTER YEARS OF RENT COLLECTION. PROPERTY IS LOCATED IN A SOLID, HIGH-DEMAND RENTAL POCKET. LOW MAINTENANCE. LONG-TERM UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER â DO NOT DISTURB TENANT.
General Information
Sale Price: $164,900
Price/SqFt: $121
Status: Active
MLS#: rcomi20251023578
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: southlawn curtis park sub
Acres: 0.1
Lot Dimensions: 40X113
Bedrooms:3
Bathrooms:2 (1 full, 1 half)
House Size: 1,365 sq.ft.
Acreage: 0.1 est.
Year Built: 1947
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 2 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)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,503
Est. Winter Taxes: $931
Legal Description: E FENMORE 106 AND W 9 FT OF VAC ALLEY ADJ SOUTHLAWN-CURTIS PARK SUB L54 P19 PLATS, W C R 22/320 40 X 113
IDX provided courtesy of Realcomp II Ltd. via Atlas Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Yasir Abulaban of Own It Realty, Phone: (313) 395-0000
