SECTION 8 RENTAL — TENANT PAYING $1,600/MONTH! MAJOR UPDATES INCLUDE NEWER ROOF, MECHANICALS, AND ELECTRICAL SYSTEMS. PRICED AT $174,900, THIS TURNKEY PROPERTY OFFERS STRONG, GUARANTEED CASH FLOW FROM DAY ONE. WITH STANDARD INVESTOR FINANCING, THIS ASSET DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN — RARE FOR DETROIT AT THIS QUALITY LEVEL. ARV IS $200K–$220K, GIVING BUY-AND-HOLD INVESTORS A PERFECT EXIT STRATEGY AFTER YEARS OF RENT COLLECTION. PROPERTY IS LOCATED IN A SOLID, HIGH-DEMAND RENTAL POCKET. LOW MAINTENANCE. LONG-TERM UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
Property Details
Price:
$164,900
MLS #:
20251023578
Status:
Active
Beds:
3
Baths:
2
Address:
18024 Fenmore Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SOUTHLAWN CURTIS PARK SUB
Neighborhood:
05033 – Det – Schcraft-6 Grnfld-Limits
City:
Detroit
Listed Date:
Aug 3, 2025
State:
MI
Finished Sq Ft:
1,365
ZIP:
48235
Year Built:
1947
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, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Colonial
Construction Materials
Brick
Parking Features
Two Car Garage, Detached
Financial
Taxes
$2,434
Map
Community
- Address18024 Fenmore Street Detroit MI
- SubdivisionSOUTHLAWN CURTIS PARK SUB
- CityDetroit
- CountyWayne
- Zip Code48235
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