UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $79
Municipality Detroit City
Subdivision Seymour & Troesters Polonia Park Sub
MLS Listing ID 26002091
Bedrooms 3
Full Baths 1
Year Built 1930
Annual Tax Amount $1,939
Tax Year 2025
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 46 x 117 x 46 x 118
Property Sub-Type Single Family Residence
Source Michigan Regional Information Center (MichRIC)
Property Description
The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses.
Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand.
Highlights:
• Tenant-occupied | $1,050/month cash rent
• DSCR above 1.20
• Brand-new furnace
• Brand-new hot water tank
• Solid brick construction
• Turnkey, low-maintenance investment
No showings without an accepted offer.
Ideal for investors seeking reliable cash flow
Location
State MI
County Wayne
Area Wayne County - 100
Direction From 7 Mile Rd, S on Ryan Rd, E on Conley St,
Rooms
Basement Full
Interior
Heating Forced Air
Flooring Carpet, Laminate
Fireplace false
Laundry Main Level
Exterior
Fence Fenced Back
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected
View Y/N No
Roof Type Asphalt
Street Surface Paved
Porch Porch(es)
Garage No
Building
Lot Description Sidewalk
Story 2
Sewer Public
Water Public
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools Mason Academy
Middle Schools Mason Academy
High Schools Perishing High School
School District Detroit
Others
Tax ID 13016746.
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Get More Information
Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- 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