11441 Balfour Road, Detroit, MI 48224 1190
11441 Balfour Road, Detroit, MI 48224 1190
11441 Balfour Road, Detroit, MI 48224 1190
11441 Balfour Road, Detroit, MI 48224 1190
11441 Balfour Road, Detroit, MI 48224 1190
11441 Balfour Road, Detroit, MI 48224 1190
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 95,000
Est. payment | /mo

3 Beds

1 Bath

1,100 SqFt

Save
$ 95,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,100 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $86

Subdivision S C Hadleys Sub Of Pt Pc 404

MLS Listing ID 61004320

Style 1 1/2 Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,100

Year Built 1948

Annual Tax Amount $1,363

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 41.5X126.16

Property Sub-Type Single Family

Property Description

Attention investors! Welcome to a rock-solid addition to your real estate portfolio. Priced at just $95,000, this tenant-occupied property provides immediate cash flow from day one, completely bypassing the hassle of rehab, marketing, and leasing. The home features a functional layout with three comfortable bedrooms and one full bathroom, complemented by a full basement that provides excellent storage or utility space. Outside, the property includes a detached garage and a manageable yard, all situated in a high-demand rental pocket with easy access to local amenities and transit. From an investment standpoint, the numbers speak for themselves. With a current rent of $1,250 per month, the property generates a gross annual income of $15,000, providing an exceptional yield at this price point. The home is occupied by a reliable, long-term tenant who treats the house like their own, giving you the peace of mind that comes with a proven payment history and zero immediate vacancy costs. This is the perfect hands-off asset for out-of-state investors or local buyers looking to scale their portfolios with minimal effort. Properties with established, long-term tenants at this price point do not last long in today's market. Out of respect for the tenant's privacy, inspections and walkthroughs will only be arranged after a signed purchase agreement is in place. Please do not disturb the occupants. Serious inquiries only - contact us today to submit your contract for review. All measurements and square footage are estimated .

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Garage Yes

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 EXP Realty Main

Schools and Properties Nearby

Learn More About LPT Realty

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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11441 Balfour Road