Off-Market Brick Bungalow in 48205 – Tenant Occupied

3 Beds / 1 Baths • 1,015 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1015
  • No Garage

Description

This 3-bedroom, 1-bathroom brick bungalow in Detroit's 48205 is currently tenant-occupied with a month-to-month lease at $700/month. The area has been drawing attention for its affordability and rising rental demand, making it a strategic investment opportunity for cash-flow-focused buyers. While the property has been well-maintained, there’s room for updates depending on your investment strategy. One key issue is the garage in the back, which has fallen and should be removed. Soft offers are required before scheduling any showings, as the property is occupied. Photos and videos are available for review to assist in making an informed decision.

Estimated Spread

  • ARV $120,000
  • Price $60,000
  • Spread $60,000

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