Mid-Mitten Realty
19405 PIERSON Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48219 2032
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,011 sqft
Price per Sqft $97
Subdivision St Martins (Plats)
MLS Listing ID 60407349
Style 1 1/2 Story
Bedrooms 3
Full Baths 2
Abv Grd Liv Area 1,011
Year Built 1948
Annual Tax Amount $2,583
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 43.00 x 132.00
Property Sub-Type Single Family
Property Description
CALLING ALL INVESTORS! This newly remodeled 3-bedroom, 2-bath brick bungalow is the perfect addition to your investment portfolio or an ideal starter home. With over $30K in upgrades, this turnkey property is move-in ready and maintenance-free. Recent 2022 updates include a new roof, furnace, hot water tank, refinished hardwood floors, updated bathrooms with new vanities, new blinds, and a fully renovated kitchen with new countertops. Investors will appreciate that the current owner/management company has a pre-qualified tenant ready to move in, though the home is being marketed to both investors and first-time buyers. With current rent comps in the area averaging $1,250/month, and yearly expenses - including taxes and insurance - totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Martins Subdivision, this is an opportunity you don't want to miss!
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Partially Finished
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Garage Yes
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional