MI > Detroit > Grand River Suburban
Detroit, MI 48219,16514 Burt RD
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Detroit, MI 48219,16514 Burt RD
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Tim Sova

Tim Sova

+1(810) 844-2316
$ 79,900
Est. payment /mo
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Active

16514 Burt RD Detroit, MI 48219

3 Beds

1 Bath

858 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 858 sqft

Price per Sqft $93

Subdivision Grand River Suburban

MLS Listing ID 20251023502

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1942

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type SingleFamilyResidence

Property Description

FULLY TENANT-OCCUPIED SECTION?8 INVESTMENT PROPERTY RENTED AT $905/MONTH — BELOW MARKET VALUE — WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE. LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET.
WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT'S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED.

Location

State MI

County Wayne

Area Area05034Detjoyschoolcraftgrnfldlimits

Rooms

Basement Unfinished

Interior

Heating ForcedAir, NaturalGas

Fireplace No

Exterior

Parking Features TwoCarGarage, Detached

Garage Spaces 2.0

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Yasir Abulaban of Own It Realty
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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