Description
Investment opportunity in Redford. Well-maintained bungalow with consistent cash flow. Tenant-occupied by a long-term tenant of over nine years, currently on a month-to-month lease at $1,465 per month (below market rates). Certificate of Compliance in place through September 25, 2025. Appliances included in the sale are water heater, HVAC, refrigerator, gas range, washer, dryer, portable window AC for the upstairs bedroom, and a dehumidifier. Recent property improvements include a new toilet, bathroom vanity, kitchen faucet, mailbox, entry light fixture, bathroom supply lines, front entry concrete steps, and removal and stump grinding of a backyard tree. The property features refinished hardwood floors, updated kitchen cabinets, counters, and flooring, vinyl windows, glass block windows, updated plumbing, circuit breakers, newer roof, newer furnace, and newer hot water heater (2017). Additional features include a steel entry door, bow window in the living room, and a large upper-level bedroom. The interior has neutral paint throughout. Taxes are non-homestead. Property is being sold with tenant in place, and tenants would like to stay. Showings will be permitted only after offer acceptance. Photos are from 2021.
Details
| MLS # | 60389500 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 79 |
| Listing Provided By | Arterra Luxe Collection LLC | Jessica Juel |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,214 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.12 |
| Water Front | Yes |
Interior
| Rooms Total | 7 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Natural Gas, Forced Air |
Exterior
| Construction Materials | Brick, Vinyl Siding |
|---|---|
| Foundation Details | Basement |
Parking
| Garage Yes / No | No |
|---|
Other
| List Aor | Real Comp |
|---|
Taxes
| Property | 4260 |
|---|
Market Activity 48239
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Redford |
| Zip Code | 48239 |
| Area | Redford Twp (82031) |
| Community Name | Frieschkorn Parkway Sub |
| School District | South Redford School District |
| Listing VS Median (in Frieschkorn Parkway Sub) | |
Price: $165,000 low | high Med: $165,000 SqFt: 1,214 low | high Med: 1,214 $ / SqFt: $136 low | high Med: $136 On site: 79 low | high Med: 79.000000 | |
