$89,000 for Sale
12345 kentucky street, detroit, MI 48204
| Beds 3 | Baths 1 | 1,357 Sqft | 0.09 Acres |
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Property Description
This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.
General Information
Sale Price: $89,000
Price/SqFt: $66
Status: Active
MLS#: rcomi20251040564
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: greenfield park
Acres: 0.09
Lot Dimensions: 40X100
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,357 sq.ft.
Acreage: 0.09 est.
Year Built: 1921
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 1 Car
Garage Description: Detached
Construction: Wood
Exterior: Wood
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary),Sewer at Street
Watersource: Public (Municipal),Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $724
Est. Winter Taxes: $856
Legal Description: W KENTUCKY 68 GREENFIELD PARK SUB L32 P9 PLATS, W C R 16/233 40 X 100
IDX provided courtesy of Realcomp II Ltd. via Prestige Real Estate Group and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Catina Willis of Next Level Realty & Investments, Phone: (734) 506-0076
