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$ 100,000
Est. payment /mo
Active
12631 ASBURY Park Detroit, MI 48227
2 Beds
1 Bath
775 SqFt
UPDATED:
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
Listed by Keller Williams Paint Creek