MI > Detroit > Schoolcraft Sub 3
Detroit, MI 48227,13918 Terry ST
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Detroit, MI 48227,13918 Terry ST
Detroit, MI 48227,13918 Terry ST
Detroit, MI 48227,13918 Terry ST
Detroit, MI 48227,13918 Terry ST
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Charles Laird

Charles Laird

+1(248) 431-0544
$ 125,000
Est. payment /mo
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13918 Terry ST Detroit, MI 48227

3 Beds

2 Baths

2,282 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 2,282 sqft

Price per Sqft $54

Subdivision Schoolcraft Sub 3

MLS Listing ID 20251059204

Style Bungalow

Bedrooms 3

Full Baths 2

Year Built 1925

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type SingleFamilyResidence

Property Description

Excellent turnkey investment opportunity in Detroit! 13918 Terry St is fully renovated and occupied with a new and vetted tenant paying $1,500 per month. Offered at only $125,000, this property delivers an outstanding 14.4% cap rate from day one. Complete renovation includes new paint, windows, electrical, plumbing, furnace, water heater, kitchen and baths. Do not forget the rare and massive 3 car garage in the oversized backyard. Valid City of Detroit Certificate of Occupancy and Certificate of Compliance on file; property meets all rental standards and is Section 8 eligible. Current tenant is on a market-rate lease; full documentation, lead clearance, and tenant info available upon request. Ideal for hands-off or out-of-state investors seeking immediate cash flow in a strong rental submarket. Do not miss this rare combination of condition, occupancy, and return. Priced for quick sale. BATVAI

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement InteriorEntry, PartiallyFinished

Interior

Heating ForcedAir, NaturalGas

Fireplace No

Exterior

Parking Features ThreeCarGarage, Detached

Garage Spaces 3.0

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Joseph Rauti of Century 21 Curran & Oberski
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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