$80,000
For Sale

18811 HEALY STREET

Detroit, MI 48234
1396 sqft | 3 beds | 1 bath | 0.09 acres | #20250030720
Type:Purchase
Structure:House
Zone:Residential

Description

This fully renovated, tenant-occupied property is a turnkey investment delivering immediate cash flow with low maintenance. Generating $1,100 in monthly rent and offering an impressive 11.7% ROI, it features recent upgrades including new flooring, fresh paint, and a modernized kitchen and bathroom. The home also includes a spacious basement and detached garage for added storage and functionality. A reliable tenant is already in place on a one-year lease, ensuring rental income from day one. Conveniently located near major freeways, parks like Jayne Field, shopping, dining, and public transit, it offers both investor appeal and tenant satisfaction. With Detroit’s continued revitalization, this is a strong opportunity for long-term growth. No showings without an accepted offer—contact us today for more information.

  • Property Details
      • Parking FeaturesTwoCarGarage, Detached
      • Basement DescriptionFull, PartiallyFinished
      • Property SubtypeSingleFamilyResidence
      • SubdivisionO CONNORS (PLATS)
      • FoundationBasement, Block
      • Sewer InformationPublicSewer
      • MLS #20250030720
      • Parcel NumberW13I017827S
      • MLS #20250030720
      • Property TypePurchase
      • School DistrictDetroit
      • Original List Price$80,000
      • Parking TypeGarage
      • Utility SourcePublic
      • CountyWayne
      • Cost80000
      • Acres0.09
      • Square Feet1396
      • Year Built1950
      • Taxes Annual$861
      • Days on Market (Cumulative)36
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Stories1
      • Parking Spaces2
      • Basement1
      • Basement Finished1

Location

Makia RushtonReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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