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(248) 345-5109
Real Estate Company
18419 Margareta St, Detroit, MI 48219
- $50,000
- 3
- BD
- 2
- BA
- 857
- SqFt
- List Price
- $50,000
- MLS#
- 20261087918
- Status
- PENDING
- Bedrooms
- 3
- Bathrooms
- 2
- Half-baths
- 1
- Total Square Footage
- 857
- Subdivision
- BROOKLINE 3
Property Description
Cash Flow Opportunity Investment Property! Well-maintained brick home located in a tree-lined street in Detroit. This spacious home features a one car garage, 3 bedrooms, 1.5 bathrooms, and is occupied by a long-term tenant, providing immediate, dependable income. This is a month to month lease with the current tenant paying $925 per month ($11,100 annually). The seller is holding a security deposit of $750. The water is in the tenants name and is paid for by the tenant. There will be no water escrow held from seller at closing. They Take advantage of this strong-performing income property with reliable cash flow from day one. Do not disturb the tenants. Property is being sold AS IS. Offers must include the following documents to prevent any delays in presenting your offer. Submit with offer your Disclosure Regarding Agency, Seller's Disclosure Statement, LBP Disclosure and Pre-Approval or Proof of Funds. NO SHOWINGS UNTIL AN OFFER HAS BEEN ACCEPTED. MAKE OFFER CONTINGENT ON A PRIVATE INSPECTION.
Additional Information
- Year Built
- 1941
- Basement Type
- Unfinished
- Foundation
- Basement, Block
- Acres
- 0.12
- Lot Dimensions
- 44X115.73
- Style
- Ranch
- Acres
- 0.12
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Spaces
- 1
- Garage Description
- 1 Car, Detached
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IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.