$85,000
Detroit, MI 48235
MLS# 25041087
Status: Pending
3 beds | 1 baths | 717 sqft
1 / 15
Property 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: $1,200/month 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%.
Details
Maps
Location & Property Info
Cross Streets: Southfield/ 7 Mile
Property Sub-Type: Single Family Residence
Area: Wayne County - 100
Municipality: Detroit City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 118.55
General Property Info
New Construction: No
Lot Dimensions: 108X35
Road Frontage: 35
Garage Y/N: Yes
Garage Spaces: 2
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 7
Total Fin SqFt All Levels: 717
SqFt Above Grade: 717
Below Grade Finished SqFt: 696
Below Grade Unfinished SqFt: 0
Building Total SqFt: 1413
Total Beds Above Grade: 3
Main Level Primary: No
Stories: 2
School District: Detroit
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.1
Lot Square Footage: 4356
Year Built: 1947
Total Bedrooms: 3
Full Baths: 1
Total Baths: 1
Tax Info
Taxable Value: 16281
SEV: 30200
For Tax Year: 2024
Seller's Annual Property Tax: 3243
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: 0
Tax ID #: 22014818-9
Remarks & Misc
Public Remarks: 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: $1,200/month
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%.
Legal: S CURTIS 65 AND N 10 FT OF VAC ALLEY ADJ RUTLAND OUTER DR SUB NO 1 L45 P93 PLATS, W C R 22/3 64 RUTLAND OUTER DR SUB L44 P100 PLATS, W C R 22/36 40 X 110
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
In Basement: 1
Exterior Material
Aluminum Siding: 1
Parking Features
Garage Faces Front: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 1
Upper Level Square Feet: 200
Total Baths Above Grade: 1
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 696
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 696
Total Basement SQFT: 696
Substructure
Michigan Basement: 1
Architectural Style
Bungalow: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Wayne
Street #: 17227
Street Name: Curtis
Suffix: Street
State: MI
Zip Code: 48235
Zip (4): 3227
OfficeContract Info
Status: Pending
List Price: $85,000
Current Price: $85,000
Listing Date: 2025-08-13
Remarks Misc
Directions: East of Southfield Freeway, west of Greenfield Rd. North of McNichols and South of 7 Mile.
Status Change Info
Under Contract Date: 2026-04-07
Property Features
Laundry Features: In Basement
Exterior Material: Aluminum Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Forced Air
Parking Features: Garage Faces Front
Architectural Style: Bungalow
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Room Information
| Room Name | Length | Length | Width | Level | Width |
| Kitchen | 10.00 | 10.00 | 12.00 | Main | 12.00 |
| Living Room | 12.00 | 12.00 | 15.00 | Main | 15.00 |
| Primary Bathroom | 7.00 | 7.00 | 10.00 | Main | 10.00 |
| Bedroom 2 | 10.00 | 10.00 | 15.00 | Main | 15.00 |
| Bathroom 3 | 10.00 | 10.00 | 15.00 | Main | 15.00 |
| Primary Bedroom | 20.00 | 20.00 | 15.00 | Upper | 15.00 |
Listing Office: Beal Properties LLC
Listing Agent: Tamara Vinson
Last Updated: April - 07 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.