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$ 90,000
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New
9809 Philip Street Detroit, MI 48224
3 Beds
1 Bath
997 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 997 sqft
Price per Sqft $90
MLS Listing ID 20261036412
Bedrooms 3
Full Baths 1
Year Built 1938
Annual Tax Amount $770
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 35X101.5
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Turnkey Detroit Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath all-brick bungalow on Detroit's east side is the perfect addition to any investor's portfolio. Renovated in 2025, the property features updated finishes while maintaining its classic brick charm. Currently tenant-occupied at $1,050/month on a month-to-month lease, offering immediate cash flow from day one with additional upside potential through future rent increases over time. The tenant is current on all payments, takes pride in the home, and would like to remain in place for added stability. Professionally managed by a local property management company, giving buyers the flexibility to retain management for a seamless transition or self-manage the asset. Whether you're a seasoned investor or just getting started, this is a solid income-producing property with strong rental potential in a growing Detroit market. Subject to tenants right. Please do not disturb the tenants. No showings without an accepted offer. Photos were taken before the tenants moved in.
Location
State MI
County Wayne
Direction West of Hayes and East of Outer Dr
Interior
Interior Features Home Warranty
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I060407S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Real Broker, LLC Troy
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