Looking for a well-maintained, income-producing rental in one of Detroit’s most promising neighborhoods? This 3-bedroom bungalow in Fitzgerald is tenant-occupied and ready to generate income from day one. The long-term tenant, currently on a month-to-month lease, will begin paying $1,200/month starting August 1st—and covers their own gas, electric, and water utilities. Ideally located near major freeways (M-10, I-75, I-96, and 8 Mile) and just seconds from University of Detroit Mercy, this property is a solid addition to any seasoned investor’s portfolio—or a smart first purchase for a new landlord. Please do not disturb the tenant’s quiet enjoyment. Act fast—this opportunity won’t last! Property can also be sold as part of a package deal with 20443 Ilene and 20235 Ferguson for $225,000. Photos coming soon!
Property Details
Price:
$84,999
MLS #:
20251020513
Status:
Active
Beds:
3
Baths:
1
Address:
16135 Cherrylawn Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MC INTYRE PARK
Neighborhood:
05042 – Det 6-Tire – Grnfld – Livernois
City:
Detroit
Listed Date:
Jul 28, 2025
State:
MI
Finished Sq Ft:
816
ZIP:
48221
Year Built:
1952
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
Cooling
Ceiling Fans
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Bungalow
Construction Materials
Brick, Vinyl Siding
Parking Features
No Garage
Financial
Taxes
$1,840
Map
Community
- Address16135 Cherrylawn Street Detroit MI
- SubdivisionMC INTYRE PARK
- CityDetroit
- CountyWayne
- Zip Code48221
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