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$ 169,900
Est. payment /mo
Active
3031 Lawrence ST Detroit, MI 48206
3 Beds
1 Bath
1,964 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $86
Subdivision J W Lathrups Lawrence & Collingwood Aves
MLS Listing ID 20251023585
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1923
Property Sub-Type SingleFamilyResidence
Property Description
SECTION 8 TENANT PAYING $1,424/MONTH! THIS DETROIT BRICK HOME HAS BEEN SIGNIFICANTLY UPDATED — INCLUDING NEWER ROOF, MECHANICALS, PLUMBING, AND ELECTRICAL. PRICED AT $184,900 WITH AN ARV OF $260K+, THIS PROPERTY IS A PRIME BUY-AND-HOLD PLAY WITH HIGH FLIP POTENTIAL. WITH STANDARD INVESTOR FINANCING, IT DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN WHILE BUILDING EQUITY OVER TIME. ENJOY GUARANTEED RENTAL INCOME TODAY AND A HIGH-RETURN EXIT STRATEGY TOMORROW. LOCATED IN A STABLE, HIGH-DEMAND RENTAL POCKET. PROFESSIONALLY MANAGED. LOW MAINTENANCE. HIGH UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
Location
State MI
County Wayne
Area Area05032Det6To8Grnfldtolimits
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features NoGarage
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
©2025 Realcomp II Ltd. Shareholders
Listed by Yasir Abulaban of Own It Realty
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