19229 Pelkey St, Detroit, MI 48205
- $73,000
- 4
- BD
- 1
- BA
- 1,165
- SqFt
- Sold Price
- $73,000
- List Price
- $83,000
- Closing Date
- Dec 12, 2024
- MLS#
- 20240069253
- Status
- CLOSED
- Bedrooms
- 4
- Bathrooms
- 1
- Total Square Footage
- 1,165
- Subdivision
- VANDAMMES SUB (PLATS)
Property Description
This 3 bedroom, 1-bath brick home with a 2-car garage is the perfect addition to your investment portfolio. Currently tenant-occupied with a Section 8 tenant paying $1,500 per month, this property offers a strong cash flow and an impressive 14.8% cap rate. Enjoy easy access to local amenities and major roadways, making this property not only a solid investment but also a convenient location for tenants. Don’t miss out on this cash-flowing opportunity to expand your real estate holdings!
Additional Information
- Year Built
- 1946
- Basement Type
- Full, Unfinished
- Foundation
- Basement, Block
- Acres
- 0.13
- Style
- Bungalow
- Acres
- 0.13
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Spaces
- 2
- Garage Description
- 2 Car, Detached
Mortgage Calculator
Courtesy of S&P Realty 7343337219
Selling Office: Reach Realty Group.
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