MI
Wayne
Detroit City
48205
19640 HOOVER Street
19640 HOOVER Street, Detroit City, MI 48205
Share Listing
Listing Type
Single Family
Listing Status
active
1
$67,000
Home Details for 19640 HOOVER Street
Price
$67,000
Type
Residential
Bedrooms
3
Bathrooms
1.0
Square feet
884
Year built
1950
Lot size acres
0.12
County
Wayne
Total rooms
4
Garage
1
Basement
Unfinished
Days on site
183
MLS Listing#
20250019731
Property Description
Now offering 19640 Hoover Rd in Detroit, Mi, an amazing opportunity for an investor to add to their rental portfolio. Currently operating at a 26.4% cap rate, this home has been recently renovated by the landlord. A long term cash paying tenant is in place and would love nothing more than to stay. This unit has been cared for and maintained by the landlord to make for an easy transition to a new property owner or management team. For interested buyers, this landlord has multiple other single family owner occupied units for sale, all averaging 20% or better ROI.
Property Features
Heating Information
- Forced Air
- Natural Gas
Cooling Information
- None
Water Features
- Public
Parking
- Detached
Basement
- Unfinished
Listing Courtesy: RE/MAX First - 586-781-2900
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220Office
248 677 3220
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