16514 Burt Road, Detroit, MI 48219
Local realty services provided by:ERA Prime Real Estate Group
16514 Burt Road,Detroit, MI 48219
$79,900
- 3 Beds
- 1 Baths
- 858 sq. ft.
- Single family
- Active
Listed by: yasir abulaban
Office: own it realty
MLS#:20261062084
Source:MI_REALCOMP
Price summary
- Price:$79,900
- Price per sq. ft.:$93.12
About this home
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....
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Home facts
- Year built:1942
- Subdivision & Development:GRAND RIVER SUBURBAN
- Listing ID #:20261062084
- Added:54 day(s) ago
- Updated:September 30, 2026 at 10:33 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Basement Description:Unfinished
- Living area:858 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1942
- Building area:858 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Bungalow
- Construction Materials:Brick
- Foundation Description:Basement, Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$79,900
- Price per sq. ft.:$93.12
- Tax amount:$1,309
Parking
- Parking description:Detached, Two Car Garage
- Garage spaces:2
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