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Lambrecht Realty
16242 Cheyenne St, Detroit, MI 48235
- $100,000
- 3
- BD
- 1
- BA
- 1,718
- SqFt
- List Price
- $100,000
- MLS#
- 20261078802
- Status
- COMING SOON
- Bedrooms
- 3
- Bathrooms
- 1
- Total Square Footage
- 1,718
- Subdivision
- MONNIER-PURITAN
Property Description
INVESTMENT OPPORTUNITY IN HARMONY VILLAGE! This well-maintained two-story Colonial, featuring a brick and vinyl siding exterior, offers an opportunity for an investor looking for an income-producing property with property management already in place. The property is currently tenant occupied on a month-to-month lease agreement, with the tenant preference to stay. Current rental income is $1,250 per month, and managed by a professional property management company. Located in Harmony Village, north of Puritan and west of Meyers, the property is conveniently situated near Renaissance High School, Cornerstone Adams-Young Elementary, DMC Sinai-Grace Hospital, shopping, dining, transportation, and other everyday conveniences. Recent improvements completed in 2025 included: renovated kitchen and bathroom and replacement of the main sewer line with a backflow preventer. The property is rent-ready and move-in ready, offering the opportunity to purchase a turnkey investment.
Additional Information
- Year Built
- 1929
- Basement Type
- Full, Unfinished
- Foundation
- Basement, Block
- Acres
- 0.08
- Style
- Colonial
- Acres
- 0.08
- School District
- Detroit
- Appliances
- Gas Range, Refrigerator
- Cooling
- Ceiling Fan(s)
- Heating
- Forced Air, Natural Gas
- Garage Description
- None
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