18027 Moenart St, Detroit, MI 48234
- $58,000
- 2
- BD
- 1
- BA
- 732
- SqFt
- Sold Price
- $58,000
- List Price
- $74,900
- Closing Date
- Aug 06, 2026
- MLS#
- 20261021131
- Status
- CLOSED
- Bedrooms
- 2
- Bathrooms
- 1
- Total Square Footage
- 732
- Subdivision
- HARRAHS NORWOOD SUB
Property Description
Turnkey income-producing property — tenant in place, cash flowing from day one. This updated 3-bed, 1-bath bungalow is currently occupied by a cash-paying tenant on a one-year lease at $1,100/month, delivering a 14% ROI with 20% down. The property has been fully renovated — no deferred maintenance, no capital expenditure surprises. Updates include new flooring, fresh paint, updated lighting, a renovated kitchen with new cabinetry and countertops, and updated mechanicals in the full basement. Low-maintenance exterior means minimal ongoing upkeep costs. Layout offers strong rental flexibility: two main-floor bedrooms plus a large upper-level third bedroom that can serve as a flex space — attractive to a wide tenant pool. Private driveway and fenced yard add practical tenant appeal and support long-term retention. Conveniently located near major roads, shopping, and everyday amenities — a solid rental location that supports low vacancy risk. Ideal for the buy-and-hold investor seeking immediate cash flow!
Additional Information
- Year Built
- 1950
- Basement Type
- Full, Unfinished
- Foundation
- Basement, Poured Concrete
- Acres
- 0.08
- Style
- Ranch
- Acres
- 0.08
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Description
- Driveway, None
Mortgage Calculator
Courtesy of Amin Realty 8332646832
Selling Office: Amin Realty.
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