17227, Curtis, Detroit, MI, 48235
$85,000
- 3 beds
- 1 bath
- 717 sq ft
Basics
- Date added: Added 2 days ago
- Category: Residential
- Type: Single Family Residence
- Status: Active
- Bedrooms: 3
- Bathrooms: 1
- Area: 717 sq ft
- Lot size: 0.1 sq ft
- Year built: 1947
- Bathrooms Full: 1
- Lot Size Acres: 0.1 acres
- Rooms Total: 7
- County: Wayne
- Bathrooms Half: 0
- MLS ID: 25041087
Description
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Description:
Turnkey Tenant-Occupied Investment
Solid 3-bedroom, 1-bathroom bungalow with basement, located on a well-maintained block. Property is tenant-occupied with a long-term lease in place, providing immediate and reliable rental income.
Current rent: $1,100/month
Rent increases to $1,200/month starting 2026
Lease secured through 2027
Detached garage offers additional storage and utility space
This is a true hands-off investment opportunity with guaranteed income in place. Strong rental history and no vacancy risk make it an excellent addition to any portfolio.Investor Highlight: At the $93,000 asking price, this property delivers a cap rate of 14.2%.
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Location
- Directions: East of Southfield Freeway, west of Greenfield Rd. North of McNichols and South of 7 Mile.
Building Details
- Building Area Total: 717 sq ft
- Construction Materials: Aluminum Siding
- Sewer: Public
- Heating: Forced Air
- Stories: 2
- Basement: Michigan Basement
Amenities & Features
- Laundry Features: In Basement
- Parking Features: Garage Faces Front
- Garage Spaces: 2
- WaterSource: Public
- Fireplaces Total: 0
Fees & Taxes
- Tax Assessed Value: $16,281
- Tax Year: 2024
- Tax Annual Amount: $3,243
School Information
- High School District: Detroit
Miscellaneous
- CrossStreet: Southfield/ 7 Mile
- Listing Terms: Cash, Conventional
Ask an Agent About This Home
This Single Family Residence style property is located in is currently Residential and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $85,000. It has 3 beds bedrooms, 1 bath bathrooms, and is 717 sq ft. The property was built in 1947 year.