MI
Wayne
Detroit City
48204
9327 CLOVERLAWN Street
9327 CLOVERLAWN Street, Detroit City, MI 48204
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Listing Type
Single Family
Listing Status
active
19
$124,900

Home Details for 9327 CLOVERLAWN Street

Price
$124,900
Type
Residential
Bedrooms
4
Bathrooms
3.0
Square feet
1844
Year built
1945
Lot size acres
0.11
County
Wayne
Total rooms
5
Garage
1
Basement
Finished
Days on site
64
MLS Listing#
20251019379
Property Description

Investor Special: 10%+ Cap Rate, Tenant in Place, Immediate Cash Flow Solid cash-flowing asset in Detroit’s resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment! Key investor highlights: 4 bed / 2.5 bath layout ideal for long-term rental demand Tenant pays utilities, minimizing owner expenses Month-to-month lease = flexibility without vacancy risk Room to improve cash flow with minor updates or rental increases Proximity to Joe Louis Greenway adds long-term value The home itself offers character and charm with functional updates: A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package. **Homes with this square footage, location, and income potential rarely come at this price. Do not disturb tenant. Showings after accepted offer. BTVAI.

Property Features
  • Heating Information
    • Hot Water
    • Natural Gas
  • Parking
    • Detached
    • Driveway
  • Cooling Information
    • None
  • Water Features
    • Public
  • Basement
    • Finished
Listing Courtesy: Irongate Realty Group - 248-971-1222
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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