19405 PIERSON Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48219
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 1,011 sqft
Price per Sqft $113
Subdivision St Martins (Plats)
MLS Listing ID 20250013390
Style Bungalow
Bedrooms 3
Full Baths 2
Year Built 1948
Annual Tax Amount $2,583
Lot Size 5,662 Sqft
Property Sub-Type Bungalow
Property Description
CALLING ALL INVESTORS! This newly remodeled 3-bedroom, 2-bath brick bungalow is the perfect addition to your investment portfolio or an ideal starter home. With over $30K in upgrades, this turnkey property is move-in ready and maintenance-free. Recent 2022 updates include a new roof, furnace, hot water tank, refinished hardwood floors, updated bathrooms with new vanities, new blinds, and a fully renovated kitchen with new countertops. Investors will appreciate that the current owner/management company has a pre-qualified tenant ready to move in, though the home is being marketed to both investors and first-time buyers. With current rent comps in the area averaging $1,250/month, and yearly expenses—including taxes and insurance—totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Martins Subdivision, this is an opportunity you don't want to miss!
Location
State MI
County Wayne
Area Det - 6 To 8, Grnfld To Limits
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Description 2 Car
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $250
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional