Highland Park, MI 48203,20490 HANNA ST
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Highland Park, MI 48203,20490 HANNA ST
Highland Park, MI 48203,20490 HANNA ST
Highland Park, MI 48203,20490 HANNA ST
Highland Park, MI 48203,20490 HANNA ST

$58,900

Est. payment /mo
Est.Price: ?

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20490 HANNA ST Highland Park, MI 48203

4 Beds

2 Baths

1,276 SqFt

SOLD DATE : 02/07/2025

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,276 sqft

Price per Sqft $45

Subdivision Eight-Oakland Sub No 1 (Plats)

MLS Listing ID 20240072639

Style Bungalow

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1947

Property Sub-Type SingleFamilyResidence

Property Description

Long-Term Tenant Investment Opportunity – Detroit Brick Bungalow

An incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1,400/month, there's great potential for increased cash flow.
Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants.

Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don't miss out on this prime investment opportunity in a growing area of Detroit!

Location

State MI

County Wayne

Area Area05041Det68Grflddequindre

Interior

Heating ForcedAir, NaturalGas

Exterior

Parking Features OneCarGarage, Detached

Garage Spaces 1.0

Pool None

View Y/N No

Building

Foundation Basement, Block

Sewer PublicSewer, SewerAtStreet

Water Public, WateratStreet

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Timothy Moore of Zest Realty LLC
Bought with SimpliHom
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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