$58,900 for Sale

20490 hanna street, highland park, MI 48203

Beds 3 Baths 2 1,276 Sqft 0.09 Acres 1 of 1
0
Property Description
ong-Term Tenant Investment Opportunity – Detroit Brick Bungalow An incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow. Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants. Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don’t miss out on this prime investment opportunity in a growing area of Detroit!
General Information
Sale Price: $58,900
Price/SqFt: $46
Est. Payments: $275*
Status: Active
MLS#: rcomi20240072639
City: detroit
Post Office: highland park
Schools: detroit
County: Wayne
Subdivision: eight-oakland sub no 1 (plats)
Acres: 0.09
Lot Dimensions: 40.00 x 100.00
Bedrooms:3
Bathrooms:2   (1 full, 1 half)
House Size: 1,276 sq.ft.
Acreage: 0.09 est.
Year Built: 1947
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road:  Paved
Garage:  1 Car
Garage Description:  Detached
Construction:  Brick
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary),Sewer at Street
Watersource:  Public (Municipal),Water at Street
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $962
Est. Winter Taxes:  $88
Legal Description:  E HANNA N 15 FT 950 S 25 FT 951 EIGHT-OAKLAND SUB NO 1 L37 P23 PLATS, W C R 9/176 40 X 100
Map


Information provided by Realcomp II Ltd. ©2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Timothy Moore of Zest Realty LLC

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This Single-Family Home located at
20490 hanna street, highland park MI, 48203
is currently for sale. This property is listed for $58,900.
For Sale | $58,900 | 3 Bed, 2 Bath | 1,276 Sq Ft MLS ID rcomi20240072639
20490 hanna street has 3 bedrooms, approximately 1,276 square feet. This home is in the detroit school district and has a lot size of 40.00 x 100.00 with 0.09 acres and was built in 1947. 20490 hanna street is in highland park and in ZIP Code 48203 area.
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