14110 FAIRMOUNT Drive new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Single Family Home
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 1,522 sqft
Price per Sqft $49
Subdivision Drennan & Seldons Regent Park No 3 (Plats)
MLS Listing ID 20240094129
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1931
Annual Tax Amount $3,800
Lot Size 5,227 Sqft
Property Description
Investors Dream: Tenanted Property with Stable Long-Term Income
Welcome to 14110 Fairmount, a solid 3-bedroom, 1-bath brick colonial nestled in Detroit's Regent Park neighborhood. This property is a turnkey investment opportunity, featuring a long-term tenant paying $1,100/month with a lease in place until December 31, 2025. With an exceptional tenant of 10 years who desires to stay, this is a hassle-free addition to your portfolio.
Property Highlights:
Brick Colonial Charm: Timeless curb appeal with a durable brick exterior and classic architectural features.
Spacious Layout: Enjoy a functional floor plan with 3 bedrooms, including a large primary bedroom, and a welcoming living room.
Recent Updates: Features include central air, newer carpeting throughout, and modernized windows for added comfort and efficiency.
Two-Car Garage: Detached garage with updated doors, offering ample parking and storage.
Outdoor Space: A wide driveway and fenced backyard provide additional convenience and privacy.
Location Perks:
Conveniently located near amenities like Meijer Grocery, Eastland Center, Regent Park Early Learning Center, and public transit for seamless connectivity. With easy access to I-94, commuting to downtown Detroit or nearby suburbs is a breeze.
Don't miss out on this stable, cash-flowing property with a reliable long-term tenant. Perfect for investors looking for long-term security and an opportunity to grow their portfolio.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Description 2 Car
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $250
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA