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$ 109,900
Est. payment /mo
New
12582 Duchess Street Detroit, MI 48224
3 Beds
1 Bath
1,082 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,082 sqft
Price per Sqft $101
MLS Listing ID 20261053018
Bedrooms 3
Full Baths 1
Year Built 1944
Annual Tax Amount $272
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 42X123.61
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Turnkey, fully renovated, and already income-producing! This solid brick bungalow in Detroit's Morningside neighborhood is a great opportunity for an investor looking for immediate cash flow. The property is currently leased at $1,300 per month, allowing the new owner to begin collecting rental income from day one.The home has been updated with new laminate flooring, fresh modern paint, new windows, and a fully renovated kitchen and bathroom. A new HVAC system will also be installed before closing, adding even more value and helping reduce future maintenance expenses.With the renovations already completed and a tenant in place, there is no need to spend additional time or money preparing the property for rent. Based on a 20% down payment, the property offers an estimated 10% return on investment, making it a compelling buy-and-hold opportunity. Located near shopping, schools, parks, restaurants, and major roadways, this low-maintenance property offers a strong combination of affordability, condition, immediate income, and long-term investment potential.Whether you are adding to your portfolio or purchasing your first rental property, this is an opportunity you do not want to miss. Please do not disturb the tenant. Schedule your showing today!
Location
State MI
County Wayne
Direction North of Mack Ave and East of Moross Rd
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I057820S003
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Amin Realty