Discover this newly renovated residence offering over 4,000 sq ft of living space, featuring 12 generously sized bedrooms and shared bathroom facilities. Perfectly suited for business ventures such as Airbnb rentals, group homes, or adult foster care operations.
Currently operating as an adult foster care facility, 6 of the 12 beds are occupied, generating a strong monthly cash flow of $11,000—equating to approximately $1,833 per resident.
This turnkey property offers added value and peace of mind with a brand-new roof and recently replaced sewer line. Don’t miss this unique investment opportunity ideal for both residential and commercial use!
BATVAI.
Currently operating as an adult foster care facility, 6 of the 12 beds are occupied, generating a strong monthly cash flow of $11,000—equating to approximately $1,833 per resident.
This turnkey property offers added value and peace of mind with a brand-new roof and recently replaced sewer line. Don’t miss this unique investment opportunity ideal for both residential and commercial use!
BATVAI.
Property Details
Price:
$449,900
MLS #:
20251003956
Status:
Active
Beds:
12
Baths:
6
Address:
23001 Norfolk Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
RIVERFORD HEIGHTS SUB
Neighborhood:
05032 – Det – 6 To 8, Grnfld To Limits
City:
Detroit
Listed Date:
May 31, 2025
State:
MI
Finished Sq Ft:
4,647
ZIP:
48219
Year Built:
1980
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
4 Full Bathrooms, 2 Half Bathrooms
Heating
E N E R G Y S T A R Qualified Furnace Equipment, Natural Gas
Exterior
Architectural Style
Ranch
Construction Materials
Brick
Parking Features
Two Car Garage, Detached
Financial
Taxes
$42,027
Map
Community
- Address23001 Norfolk Street Detroit MI
- SubdivisionRIVERFORD HEIGHTS SUB
- CityDetroit
- CountyWayne
- Zip Code48219
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