20320 Dresden Street, Detroit, MI 48205 1070
20320 Dresden Street, Detroit, MI 48205 1070
20320 Dresden Street, Detroit, MI 48205 1070
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 65,000
Est. payment | /mo

2 Beds

1 Bath

679 SqFt

Save
$ 65,000
Est. payment | /mo
Save

2 Beds

1 Bath

679 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 679 sqft

Price per Sqft $95

MLS Listing ID 61027434

Style 1 Story

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 679

Year Built 1948

Annual Tax Amount $2,227

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X116.6

Property Sub-Type Single Family

Property Description

INVESTORS AND HOMEOWNERS--DON'T MISS THIS OPPORTUNITY! Solid 2-bedroom, 1-bath Detroit home offering approximately 700 sq. ft. of living space plus a full basement. Whether you're looking to add an income-producing property to your portfolio or an affordable home to make your own, this property offers flexibility, value and upside potential. For investors, a long-term tenant is currently in place and would like to remain, offering the opportunity for immediate rental income from day one. Area rental rates indicate potential for increased rental income, with approximately $1,250/month possible based on current market conditions; buyer to independently verify market rent and rental projections. Major mechanical improvements have already been addressed, including a newer HVAC/furnace system, while the roof is approximately 10 years old or less. The home is solid and functional, with primarily cosmetic updating offering an opportunity to further enhance value and long-term return. Not just for investors--owner-occupants can also take advantage of an affordable home with a full basement, brick and vinyl exterior, newer major mechanicals and the opportunity to personalize the property over time. ESTABLISHED TENANT. IMMEDIATE INCOME POTENTIAL. RENTAL UPSIDE. SOLID HOME. VALUE-ADD OPPORTUNITY. A versatile property with multiple paths for the next owner. Schedule your showing and take a closer look! Licensed real estate agent has an ownership interest in the selling LLC and a financial interest in the transaction

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 Story

Foundation Basement

Water Public Water

Architectural Style Ranch

Structure Type Aluminum

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 NERG Real Estate Experts

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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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20320 Dresden Street