Cheap homes for sale & real estate in 48204, MI

Cheap Home for sale in 48204, MI:

This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.

Cheap Home for sale in 48204, MI:

* * * Property is distressed! Please enter at your own risk! * * * Great investment opportunity waiting for you! 2 beds up/2 down. * * No Access to Basement * * Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the develo

Cheap Home for sale in 48204, MI:

Spacious brick duplex located on Wisconsin Street in Detroit, just minutes from major freeways and the Boston-Edison District. Each unit features 3 bedrooms, 1 bathroom, a large living room, dining area, and private entry. Great opportunity for investors looking to renovate and rent or flip. Property has solid bones and plenty of potential. Schedule your showing today.

Cheap Home for sale in 48204, MI:

Nice Brick Multi Unit Home. . Each Unit has 2 Bedrooms 1 Bath and Kitchen. . Great for a Large family or Investment Property. . Tenants to Vacate Property in 2 Weeks