$ 58,900
20490 HANNA Street Highland Park, MI 48203
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$ 58,900
Est. payment | /mo
4 Beds
2 Baths
1,276 SqFt
$ 58,900
Est. payment | /mo
4 Beds
2 Baths
1,276 SqFt
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
Listed by Zest Realty LLC
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Mike Himes
Lic# 501408694