15894 Fordham Street, Detroit, MI 48205 2948

$90,000
3
BD
1
BA
1,028
SqFt

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List Price
$90,000
Status
ACTIVE
Days on Market
0
MLS#
61029742
Subtype
Residential
Style
Bungalow
Year Built
1949
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,028
Lot Size
4,356
Acres
0.10
Subdivision
Dalbys East Pointe
MLS Area Major
Detroit

Property Description

15894 fordham street ---CALLING ALL INVESTORS--TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.

Additional Information

Taxes
$5,097
Property Description
Bungalow
Appliances
Gas Water Heater
Heating
Natural Gas, Forced Air
Stories
1
Levels
One
Foundation
Basement
School District
Detroit City School District

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Listing Courtesy of EXP Realty Main, Office Phone: 888-501-7085

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.