12631 ASBURY Park Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48227
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 775 sqft
Price per Sqft $129
Subdivision Schoolcraft Asbury Pk Sub
MLS Listing ID 20250024202
Style Bungalow
Bedrooms 2
Full Baths 1
Year Built 1945
Annual Tax Amount $2,118
Lot Size 5,662 Sqft
Property Sub-Type Bungalow
Property Description
Turnkey investment opportunity! This updated 2-bedroom, 1-bath home features a finished basement and a 1-car garage, offering practical living space and reliable rental income. The property is being sold subject to an existing lease with a Section 8 tenant in place at $1,300/month, bringing in $15,600 annually. Enjoy steady, government-backed payments and immediate cash flow from day one. Ideal for investors looking to expand their portfolio with a well-maintained, income-producing asset.
Location
State MI
County Wayne
Area Det: Joy-Schoolcraft Grnfld-Limi
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Description 1 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,Warranty Deed
Listing Terms Cash,Conventional,Warranty Deed