$140,000
For Sale

16605 FREELAND STREET

Detroit, MI 48235
1080 sqft | 3 beds | 1 bath | 0.10 acres | #20250024252
Browse 14 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Turn-key investment opportunity with immediate cash flow! This updated 3-bedroom, 1-bath home features a clean, modern interior and a full basement, offering comfortable living with functional space. The property is being sold subject to an existing lease, with a reliable cash-paying tenant currently in place at $1,400/month—producing $16,800 in annual rental income. Ideal for investors seeking a well-maintained, income-generating asset with a stable tenant already in place

  • Property Details
      • SubdivisionHEIDEN & CUNNINGHAM PALME R GROVE SUB (PLATS)
      • Parking FeaturesOneCarGarage, Detached
      • Property SubtypeSingleFamilyResidence
      • Basement DescriptionFull, Unfinished
      • FoundationBasement, Block
      • StoriesOneandOneHalf
      • Sewer InformationPublicSewer
      • MLS #20250024252
      • Parcel NumberW22I036144S
      • MLS #20250024252
      • Property TypePurchase
      • Original List Price$140,000
      • School DistrictDetroit
      • Parking TypeGarage
      • Utility SourcePublic
      • Taxes Annual$2,994
      • Cost140000
      • CountyWayne
      • Square Feet1080
      • Year Built1939
      • Acres0.1
      • Days on Market (Cumulative)15
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Parking Spaces1
      • Basement1
      • Basement Finished1

Location

Sean HaganReal Estate Group
OR

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Interest Rate

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6.0%

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