MI
Wayne
Detroit City
48234
19225 Conley Street
19225 Conley Street, Detroit City, MI 48234
Share Listing
Listing Type
Single Family
Listing Status
Active
14
$85,000

Home Details for 19225 Conley Street

Price
$85,000
Type
Residential
Bedrooms
3
Bathrooms
1.0
Square feet
1064
Year built
1930
Lot size acres
0.11
County
Wayne
Total rooms
4
Garage
Basement
Full
Days on site
35
MLS Listing#
81026002091
Property Description

Solid income-producing Detroit brick home--an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio.The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses.Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand.Highlights:Tenant-occupied \ $1,050/month cash rentDSCR above 1.20Brand-new furnaceBrand-new hot water tankSolid brick constructionTurnkey, low-maintenance investmentNo showings without an accepted offer.Ideal for investors seeking reliable cash flow

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Connected
  • Parking
    • Concrete
  • Basement
    • Full
Listing Courtesy: Detroit Metro Realty - 313-488-5585
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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