16605 FREELAND ST Detroit MI 48235 MLS #20250024252

16605 FREELAND ST
Detroit, MI, 48235
$140,000
3 Beds
1 Baths
1,080 SqFt
0.1 Acres
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Turn-key investment opportunity with immediate cash flow! This updated 3-bedroom, 1-bath home features a clean, modern interior and a full basement, offering comfortable living with functional space. The property is being sold subject to an existing lease, with a reliable cash-paying tenant currently in place at $1,400/month—producing $16,800 in annual rental income. Ideal for investors seeking a well-maintained, income-generating asset with a stable tenant already in place

Property Details

Price:
$140,000
MLS #:
20250024252
Status:
Active
Beds:
3
Baths:
1
Address:
16605 FREELAND ST
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HEIDEN & CUNNINGHAM PALME R GROVE SUB PLATS
Neighborhood:
05042 – Det 6-Tire – Grnfld – Livernois
City:
Detroit
Listed Date:
Apr 9, 2025
State:
MI
Finished Sq Ft:
1,080
ZIP:
48235
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1939
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Andrea Stephan

Andrea Stephan

Realtor®

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…

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Schools

School District:
Detroit

Interior

Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas

Exterior

Architectural Style
Cape Cod
Construction Materials
Brick
Parking Features
One Car Garage, Detached

Financial

Taxes
$2,994

Map

Community

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disclosure
Courtesy of Keller Williams Paint Creek. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Stephan Group Real Estate Team include the name of the listing broker. Neither the listing company nor Stephan Group Real Estate Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
Rover IDX
16605 FREELAND ST
Detroit, MI