$239,900
Detroit, MI 48206
MLS# 26025777
3 beds | 2 baths | 1406 sqft
1 / 27
Property Description
ATTENTION INVESTORS! Turnkey cash-flow opportunity at 2744 Lawrence Street, Detroit, MI 48206! This beautifully renovated 3-bedroom, 1.5-bath brick colonial comes with a new tenant already in place, paying $1,800 per month on a 12-month lease that began in July 2026, generating $21,600 in gross annual rental income from day one. Professionally appraised at $259,000 (full report available upon request), this property offers immediate income and long-term value. Recent renovations include a stunning kitchen with granite countertops, new cabinetry, brand-new stove, refrigerator, and dishwasher, new flooring throughout, fresh paint, updated bathrooms, modern lighting, and a new furnace. Additional features include a spacious living room, formal dining room, unfinished attic with future value-add potential, large private backyard, and detached 2-car garage. Ideally located just minutes from Boston-Edison, New Center, Downtown Detroit, major freeways, shopping, restaurants, and entertainment
Details
Maps
Documents
Location & Property Info
Cross Streets: Chicago & Linwood
Property Sub-Type: Single Family Residence
Municipality: Detroit City
Subdivision: J W Lathrups Lawrence & Collingwood Aves
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 170.63
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 35.00X127.00
Road Frontage: 30
Garage Y/N: Yes
Garage Spaces: 2
Total Fireplaces: 1
Waterfront: No
Income Property: No
Basement: Yes
Total Rooms AG: 6
Total Fin SqFt All Levels: 1406
SqFt Above Grade: 1406
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 743
Building Total SqFt: 1406
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: 1924
Total Bedrooms: 3
Full Baths: 1
Half Baths: 1
Total Baths: 2
Tax Info
Taxable Value: 13853
SEV: 26600
For Tax Year: 2025
Seller's Annual Property Tax: 1450
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: na
Tax ID #: 10003146.
Remarks & Misc
Public Remarks: ATTENTION INVESTORS! Turnkey cash-flow opportunity at 2744 Lawrence Street, Detroit, MI 48206! This beautifully renovated 3-bedroom, 1.5-bath brick colonial comes with a new tenant already in place, paying $1,800 per month on a 12-month lease that began in July 2026, generating $21,600 in gross annual rental income from day one. Professionally appraised at $259,000 (full report available upon request), this property offers immediate income and long-term value. Recent renovations include a stunning kitchen with granite countertops, new cabinetry, brand-new stove, refrigerator, and dishwasher, new flooring throughout, fresh paint, updated bathrooms, modern lighting, and a new furnace. Additional features include a spacious living room, formal dining room, unfinished attic with future value-add potential, large private backyard, and detached 2-car garage. Ideally located just minutes from Boston-Edison, New Center, Downtown Detroit, major freeways, shopping, restaurants, and entertainment
Legal: N LAWRENCE 23 J W LATHRUPS LAWRENCE & COLLINGWOOD AVE SUB L33 P9 PLATS, W C R 10/120 35 X 127.25
Street Type
Paved: 1
Public: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Laundry Features
In Basement: 1
Exterior Material
Brick: 1
Vinyl Siding: 1
Parking Features
Detached: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Full Baths: 1
Upper Level Square Feet: 703
Total Baths Above Grade: 1
Main Rooms
Main Level SQFT: 703
Lower Rooms
Lower Half Baths: 1
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 743
Driveway
Paved: 1
Substructure
Full: 1
Fireplace
Living Room: 1
Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Water Heater
Natural Gas: 1
Flooring
Wood: 1
Architectural Style
Colonial: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Wayne
Street #: 2744
Street Name: Lawrence
Suffix: Street
State: MI
Zip Code: 48206
Zip (4): 1442
OfficeContract Info
Status: Active
List Price: $239,900
Current Price: $239,900
Listing Date: 2026-05-29
Property Features
Laundry Features: In Basement
Exterior Material: Brick; Vinyl Siding
Substructure: Full
Sewer: Public Sewer
Water: Public
Fireplace: Living Room
Appliances: Dishwasher; Microwave; Range; Refrigerator
Heat Source: Natural Gas
Heat Type: Forced Air
Water Heater: Natural Gas
Flooring: Wood
Parking Features: Detached
Architectural Style: Colonial
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow
Sale Conditions: None
Room Information
| Room Name | Length | Length | Width | Level | Width |
| Living Room | 12.00 | 12.00 | 16.00 | Main | 16.00 |
| Dining Area | 12.00 | 12.00 | 12.00 | Main | 12.00 |
| Kitchen | 12.00 | 12.00 | 15.00 | Main | 15.00 |
| Bathroom 1 | 6.00 | 6.00 | 5.00 | Main | 5.00 |
| Primary Bedroom | 13.00 | 13.00 | 15.00 | Upper | 15.00 |
| Bedroom 2 | 12.00 | 12.00 | 14.00 | Upper | 14.00 |
| Bedroom 2 | 9.00 | 9.00 | 14.00 | Upper | 14.00 |
| Bedroom 3 | 13.00 | 13.00 | 15.00 | Upper | 15.00 |
Lead Based Paint 
Listing Office: eXp Realty, LLC
Listing Agent: Sotero Lopez
Last Updated: July - 07 - 2026
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