SECTION 8 TENANT PAYING $1,424/MONTH! THIS DETROIT BRICK HOME HAS BEEN SIGNIFICANTLY UPDATED — INCLUDING NEWER ROOF, MECHANICALS, PLUMBING, AND ELECTRICAL. PRICED AT $184,900 WITH AN ARV OF $260K+, THIS PROPERTY IS A PRIME BUY-AND-HOLD PLAY WITH HIGH FLIP POTENTIAL. WITH STANDARD INVESTOR FINANCING, IT DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN WHILE BUILDING EQUITY OVER TIME. ENJOY GUARANTEED RENTAL INCOME TODAY AND A HIGH-RETURN EXIT STRATEGY TOMORROW. LOCATED IN A STABLE, HIGH-DEMAND RENTAL POCKET. PROFESSIONALLY MANAGED. LOW MAINTENANCE. HIGH UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
Property Details
Price:
$174,900
MLS #:
20251023585
Status:
Active
Beds:
3
Baths:
1
Address:
3031 Lawrence Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
J W LATHRUPS LAWRENCE & COLLINGWOOD AVES
Neighborhood:
05032 – Det – 6 To 8, Grnfld To Limits
City:
Detroit
Listed Date:
Aug 3, 2025
State:
MI
Finished Sq Ft:
1,964
ZIP:
48206
Year Built:
1923
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
Colonial
Construction Materials
Brick
Parking Features
No Garage
Financial
Taxes
$1,717
Map
Community
- Address3031 Lawrence Street Detroit MI
- SubdivisionJ W LATHRUPS LAWRENCE & COLLINGWOOD AVES
- CityDetroit
- CountyWayne
- Zip Code48206
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