$99,900
Detroit, MI 48224
MLS# 25041337
3 beds | 2 baths | 1310 sqft

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Property Description
I've got a move-in ready opportunity in a strong rental and resale pocket of Detroit that your cash buyer will love: 3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928 Newly Renovated Ready to Close Asking Price: $99,900 Why this is a winner: Strong rental comps & resale demand in the area Fully renovated = no rehab headaches Great ROI potential for investors or a turnkey addition to their portfolio If you have a serious cash buyer, this is the one to put in front of them today. Properties like this don't sit long.
Details
Maps
Location Property Info
County: Wayne
Street #: 9200
Street Name: King Richard
Suffix: Street
State: MI
Zip Code: 48224
Zip (4): 2527
OfficeContract Info
Status: Active
List Price: $99,900
Current Price: $99,900
Listing Date: 2025-08-14
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.13
Lot Square Footage: 5663
Lot Dimensions: 60X92
Year Built: 1928
Road Frontage: 60
Garage Y/N: Yes
Garage Spaces: 2
Income Property: No
Total Rooms AG: 7
Total Fin SqFt All Levels: 1310
SqFt Above Grade: 1310
Below Grade Finished SqFt: 810
Below Grade Unfinished SqFt: 810
Building Total SqFt: 1310
Total Beds Above Grade: 3
Total Bedrooms: 3
Full Baths: 1
Half Baths: 1
Total Baths: 2
Main Level Primary: Yes
Stories: 2
School District: Detroit
Elementary School: Wayne Elementary School
Association YN: No
Waterfront: No
Tax Info
Tax ID #: 21068451.
Taxable Value: 19293
SEV: 28900
For Tax Year: 2024
Seller's Annual Property Tax: 2809
Tax Year: 2024
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 2
Upper Full Baths: 1
Upper Level Square Feet: 655
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 1
Main Half Baths: 1
Main Level SQFT: 655
Basement Rooms
Total Basement SQFT: 655
Property Features
Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Basement
Exterior Material: Brick
Substructure: Full
Sewer: Public Sewer
Water: Public
Heat Source: Electric; Natural Gas
Heat Type: None
Parking Features: Detached; Garage Faces Front; Garage Faces Side
Architectural Style: Ranch
Terms Available: Cash; FHA; VA Loan
Sale Conditions: None
Supplements
( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
=Í Address: 9200 King Richard St, Detroit, MI 48224
<á Property Type: Fully Renovated Brick Single Family Home
=Å Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ï Sq Ft: 1,310 sq ft
Lot Size: 5,663 sq ft
________________________________________
=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
________________________________________
=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
________________________________________
= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: jctrealestateinvestments@gmail.com
Listing Office: Front Page Properties
Listing Agent: Terry Thomas
Last Updated: February - 06 - 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.
