9327 Schaefer Highway, Detroit, MI 48228
9327 Schaefer Highway, Detroit, MI 48228
9327 Schaefer Highway, Detroit, MI 48228
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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134
$215,000
Est. payment /mo
4 Beds
3 Baths
1,565 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,565 sqft

Price per Sqft $137

MLS Listing ID 20251043800

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1951

Annual Tax Amount $1,062

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X110

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Turnkey investment opportunity with immediate income. This updated bungalow is currently leased at $1,800 per month under a one-year lease to a business tenant that has expressed interest in a longer-term tenancy, offering investors immediate cash flow with potential for continued occupancy. The property features extensive updates, including a new roof, laminate flooring, fresh paint, an expanded upper level for additional living space, and an updated kitchen complete with a stainless steel refrigerator and gas range. The partially finished basement adds additional functional space, enhancing overall usability and appeal. Major mechanical updates help reduce near-term capital expense concerns, including the furnace and hot water heater already in place, making this an attractive low-maintenance addition to a buy-and-hold portfolio. Conveniently located just minutes from the Aviation Subdivision, Eastborn Market, gas stations, I-96, and everyday amenities, this location supports strong ongoing rental appeal. A compelling opportunity for investors seeking a stabilized, income-producing asset with immediate returns and long-term upside. Measurements are approximate. Be sure to view the video tour and smart floor plan. Showings only upon accepted offer.

Location

State MI

County Wayne

Direction S of W Chicago/ Schaefer Hwy

Rooms

Basement Daylight, Partial

Interior

Interior Features Basement Partially Finished

Heating Forced Air

Cooling Window Unit(s)

Appliance Refrigerator, Oven, Freezer

Exterior

Exterior Feature Fenced Back

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I031097C8

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://youtu.be/869e-B8KwGY

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Listed by Max Broock Realtors

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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REVIEWS

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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