Detroit, MI 48235,16550 Freeland Street
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Detroit, MI 48235,16550 Freeland Street
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Tony And Renee DeKroub

Tony And Renee DeKroub

+1(517) 404-4270
$ 145,000
Est. payment /mo
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Active

16550 Freeland Street Detroit, MI 48235

3 Beds

1 Bath

1,150 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 1,150 sqft

Price per Sqft $126

Subdivision Inglewood Park 5

MLS Listing ID 20251006293

Style Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N no

Year Built 1941

Annual Tax Amount $2,086

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 38X110

Property Sub-Type Bungalow

Source Realcomp II Ltd

Property Description

This one is for investors! Section 8 occupied at $1300/m. This deal is ideal for an investor seeking stability, cash flow, and low management overhead. It qualifies for conventional and DSCR financing. Whether you're scaling a local portfolio or investing from out of state, this deal offers the kind of hands-off income most investors are looking for in the Detroit market. You will cash flow from day 1. Freeland St is located in a very desirable area. Brick bungalow with 3 bedrooms, a full basement and a detached garage. Owner also has 2 other tenant occupied properties for sale. Addresses include: 19775 Burgess ($1,700/mo rent), 20201 Grandville ($1,600/mo rent), and 16550 Freeland ($1,300/mo rent, Section 8). Total rent: $4,600/month or $55,200/year. All properties are fully leased, tenant-paid utilities, and in turnkey condition. Contact listing agent for rent roll, leases, and additional info.

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Direction S of MCNICOHLS, W of SCHAEFER

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Parking Features Detached

Garage Description 1 Car

Road Frontage Paved

Garage yes

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Block

Schools

School District Detroit

Others

Tax ID 22035715

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional


Realcomp MLS
Listed by Anuj Chand of Keller Williams First
agent

Tony And Renee DeKroub

Agent | License ID: 6501245221

+1(517) 404-4270

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16550 Freeland Street