12631 ASBURY Park Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48227
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 775 sqft
Price per Sqft $129
MLS Listing ID 20250024202
Bedrooms 2
Full Baths 1
Originating Board Realcomp
Year Built 1945
Annual Tax Amount $2,118
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 46.00 x 132.00
Property Sub-Type Single Family Residence
Property Description
Turnkey investment opportunity! This updated 2-bedroom, 1-bath home features a finished basement and a 1-car garage, offering practical living space and reliable rental income. The property is being sold subject to an existing lease with a Section 8 tenant in place at $1,300/month, bringing in $15,600 annually. Enjoy steady, government-backed payments and immediate cash flow from day one. Ideal for investors looking to expand their portfolio with a well-maintained, income-producing asset.
Location
State MI
County Wayne
Area Wayne County - 100
Direction N off Fullerton
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 1
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I062110S
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional