$58,900
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20490 HANNA ST Highland Park, MI 48203
4 Beds
2 Baths
1,276 SqFt
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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