This one is for investors! Tenant occupied at $1600/m. This deal is ideal for an investor seeking stability, cash flow, and low management overhead. It qualifies for conventional and DSCR financing. Whether you’re scaling a local portfolio or investing from out of state, this deal offers the kind of hands-off income most investors are looking for in the Detroit market. You will cash flow from day 1. Grandville is a newly remodeled brick ranch. Everything has been updated to 2025 modern standards prior to tenant move in. Huge living room with brand new floors, fresh paint and a large window which lets in tons of natural sunlight. Brand new kitchen complete with new granite countertops, sleek white cabinets, new floors and new backsplash. Fully updated bathroom with matching accents. All 3 spacious bedrooms have new floors, new doors and fresh paint. The basement is super clean and comes with a brand new furnace and hot water heater. Other major updates include all new windows, plumbing, and electrical. Ranch sits on a corner lot directly next to a wonderful park. Owner also has 2 other tenant occupied properties for sale. Addresses include: 19775 Burgess ($1,700/mo rent), 20201 Grandville ($1,600/mo rent), and 16550 Freeland ($1,300/mo rent, Section 8). Total rent: $4,600/month or $55,200/year. All properties are fully leased, tenant-paid utilities, and in turnkey condition. Contact listing agent for rent roll, leases, and additional info.
Property Details
Price:
$185,000
MLS #:
20251006289
Status:
Active
Beds:
3
Baths:
1
Address:
20201 GRANDVILLE Avenue
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
EVERGREEN GARDENS SUB PLATS
Neighborhood:
05032 – Det – 6 To 8, Grnfld To Limits
City:
Detroit
Listed Date:
Jun 5, 2025
State:
MI
Finished Sq Ft:
1,010
ZIP:
48219
Year Built:
1953
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Ranch
Construction Materials
Brick
Exterior Features
Lighting
Parking Features
No Garage
Financial
Taxes
$1,371
Map
Community
- Address20201 GRANDVILLE Avenue Detroit MI
- SubdivisionEVERGREEN GARDENS SUB (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48219
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20201 GRANDVILLE Avenue
Detroit, MI
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