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Joe Muck

NextHome All Pro Realty

[email protected] +1(313) 283-4740

$ 131,250

Est. payment -/mo

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Active

5291 FARMBROOK Street Detroit, MI 48224

3 Beds

1 Bath

1,038 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 1,038 sqft

Price per Sqft $126

Subdivision Rivard Villas

MLS Listing ID 20250017044

Style Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1940

Annual Tax Amount $1,367

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40.00 x 103.00

Property Sub-Type Bungalow

Property Description

Turnkey Rental Property, Renovated in 2024, Leased Through 2026! Investors, here's your prime opportunity! This turnkey rental property, renovated in 2024, offers immediate cash flow with a tenant already in place. The property is currently leased for $1,250 per month through December 31, 2025, with an increase to $1,312.50 per month from January 1, 2025, to December 31, 2026. With its recent renovations, including a modern kitchen with quartz countertops and a stylish subway tile backsplash, this home requires minimal upkeep and offers an attractive rental experience for tenants. Located in a desirable neighborhood, this property is within walking distance of popular dining options on Mack Ave, including The Jagged Fork and Dish, as well as local favorites like Motor City Burgzs on Warren Ave. Fitness enthusiasts will appreciate the close proximity to the Eastside Tennis & Fitness Club and Balduck Park. Essential amenities like Village Market grocery store and St. John's Hospital are also just minutes away. This is the ideal investment for those seeking a turnkey rental with recent updates and a long-term lease in place. Don't miss out on this incredible investment opportunity in a high-demand rental market. To respect the tenant's privacy, showings will be scheduled only after an accepted offer.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Direction South of Moross/West of Mack

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Description No Garage

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Vinyl

Schools

School District Detroit

Others

Tax ID W21I078166S

Ownership Short Sale - No,Private Owned

Assessment Amount $250

Acceptable Financing Cash, Conventional

Rebuilt Year 2024

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Brenda Meeuwenberg of Coldwell Banker Professionals-Northville

Joe Muck

Agent | License ID: 399769

+1(313) 283-4740

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Northville, MI