19225, Conley, Detroit, MI, 48234
Basics
- Date added: Added 12 hours ago
- Category: Residential
- Type: Single Family Residence
- Status: Active
- Bedrooms: 3
- Bathrooms: 1
- Area: 1064 sq ft
- Lot size: 0.11 sq ft
- Year built: 1930
- Subdivision Name: Seymour & Troesters Polonia Park Sub
- Bathrooms Full: 1
- Lot Size Acres: 0.11 acres
- Rooms Total: 4
- County: Wayne
- Bathrooms Half: 0
- MLS ID: 26002091
Description
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Description:
Solid income-producing Detroit brick home—an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio.
The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses.
Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand.
Highlights:
• Tenant-occupied | $1,050/month cash rent
• DSCR above 1.20
• Brand-new furnace
• Brand-new hot water tank
• Solid brick construction
• Turnkey, low-maintenance investmentNo showings without an accepted offer.
Show all description
Ideal for investors seeking reliable cash flow
Location
- Directions: From 7 Mile Rd, S on Ryan Rd, E on Conley St,
Building Details
- Building Area Total: 1064 sq ft
- Construction Materials: Brick, Vinyl Siding
- Sewer: Public
- Heating: Forced Air
- Roof: Asphalt
- Basement: Full
Amenities & Features
- Laundry Features: Main Level
- Flooring: Carpet, Laminate
- Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
- Fencing: Fenced Back
- WaterSource: Public
- Lot Features: Sidewalk
- Patio And Porch Features: Porch(es)
- Fireplaces Total: 0
Fees & Taxes
- Tax Assessed Value: $22,785
- Tax Year: 2025
- Tax Annual Amount: $1,939
School Information
- High School District: Detroit
- HighSchool: Perishing High School
- Middle Or Junior School: Mason Academy
- Elementary School: Mason Academy
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Fenelon St & Keystone St
- Listing Terms: Cash, Conventional
