9809 Philip Street, Detroit, MI 48224 2894
9809 Philip Street, Detroit, MI 48224 2894
9809 Philip Street, Detroit, MI 48224 2894
9809 Philip Street, Detroit, MI 48224 2894
9809 Philip Street, Detroit, MI 48224 2894
9809 Philip Street, Detroit, MI 48224 2894
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 80,000
Est. payment | /mo

3 Beds

1 Bath

997 SqFt

Save
$ 80,000
Est. payment | /mo
Save

3 Beds

1 Bath

997 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 997 sqft

Price per Sqft $80

Subdivision Park Manor Dev Cos Park Drive Sub

MLS Listing ID 60994629

Style 1 1/2 Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 997

Year Built 1938

Annual Tax Amount $770

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 35X101.5

Property Sub-Type Single Family

Property Description

Turnkey Detroit Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath all-brick bungalow on Detroit's east side is the perfect addition to any investor's portfolio. Renovated in 2025, the property features updated finishes while maintaining its classic brick charm. Currently tenant-occupied at $1,050/month on a month-to-month lease, offering immediate cash flow from day one with additional upside potential through future rent increases over time. The tenant is current on all payments, takes pride in the home, and would like to remain in place for added stability. Professionally managed by a local property management company, giving buyers the flexibility to retain management for a seamless transition or self-manage the asset. Whether you're a seasoned investor or just getting started, this is a solid income-producing property with strong rental potential in a growing Detroit market. Subject to tenants right. Please do not disturb the tenants. No showings without an accepted offer. Photos were taken before the tenants moved in.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Garage No

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water

Architectural Style Bungalow

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Broker, LLC Troy

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Shannon Bagdonas
Shannon Bagdonas

Team Lead / Broker Partner

+1(313) 766-8387

movinginmichigan.net

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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9809 Philip Street