19405 PIERSON ST Active Save Request In-Person Tour Request Virtual Tour
MI 48219
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,761 sqft
Price per Sqft $56
Subdivision St Martins (Plats)
MLS Listing ID 20251012528
Style Bungalow
Bedrooms 3
Full Baths 2
Year Built 1948
Property Sub-Type SingleFamilyResidence
Property Description
CALLING ALL INVESTORS! This newly remodeled 3-bedroom, 2-bath brick bungalow is the perfect addition to your investment portfolio or an ideal starter home. With over $30K in upgrades, this turnkey property is move-in ready and maintenance-free. Recent 2022 updates include a new roof, furnace, hot water tank, refinished hardwood floors, updated bathrooms with new vanities, new blinds, and a fully renovated kitchen with new countertops. Investors will appreciate that the current owner/management company has a pre-qualified tenant ready to move in, though the home is being marketed to both investors and first-time buyers. With current rent comps in the area averaging $1,250/month, and yearly expenses—including taxes and insurance—totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Martins Subdivision, this is an opportunity you don't want to miss!
Location
State MI
County Wayne
Area Area05032Det6To8Grnfldtolimits
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features TwoCarGarage,Detached
Garage Spaces 2.0
Pool None
View Y/N No
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard