20490 HANNA Street Active Save Request In-Person Tour Request Virtual Tour
Highland Park,MI 48203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,276 sqft
Price per Sqft $46
MLS Listing ID 20240072639
Bedrooms 4
Full Baths 1
Half Baths 1
Originating Board Realcomp
Year Built 1947
Annual Tax Amount $1,050
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40.00 x 100.00
Property Description
Long-Term Tenant Investment Opportunity – Detroit Brick BungalowAn incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow.Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants.Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don’t miss out on this prime investment opportunity in a growing area of Detroit!
Location
State MI
County Wayne
Area Wayne County - 100
Direction S of EightE of I 75
Interior
Heating Forced Air
Exterior
Garage Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W09I020344S
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan