24746 CUNNINGHAM AVE Active Save Request In-Person Tour Request Virtual Tour
Warren,MI 48091
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,105 sqft
Price per Sqft $140
Subdivision S/P Ladd Center
MLS Listing ID 20251050074
Style Bungalow
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1941
Property Sub-Type SingleFamilyResidence
Property Description
Turnkey Warren Investment! APPROVED Certificate of Occupancy issued by the City of Warren, rental certified and fully renovated in 2021, this 3-bed, 1.5-bath bungalow is ready to cashflow from day one. A long-term Section 8 tenant has been in place since Dec 2022, paying $1,448/month through Nov 2025, fully covered by the program for reliable income. Rent Increase to $1550 Monthly is pending approval from the housing authority. Tenant handles utilities and yard maintenance, with professional management already in place. Check out the neighborhood - nearby homes sell for much more making this a rare value play. Close, collect rent, and watch equity grow.
Location
State MI
County Macomb
Area Area03131Warren
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Exterior
Exterior Feature Lighting
Parking Features NoGarage
Pool None
View Y/N No
Roof Type Composition
Building
Foundation CrawlSpace
Sewer PublicSewer
Water Public
Schools
School District Centerline
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard