4625 Chalmers Street, Detroit, MI 48215
Local realty services provided by:ERA Prime Real Estate Group
4625 Chalmers Street,Detroit, MI 48215
$125,000
- 5 Beds
- 2 Baths
- 1,500 sq. ft.
- Single family
- Active
Listed by: jay naim, fadi dabaja
Office: exp realty main
MLS#:20261056866
Source:MI_REALCOMP
Price summary
- Price:$125,000
- Price per sq. ft.:$83.33
About this home
This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information....
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Home facts
- Year built:1950
- Subdivision & Development:HAGERS JOHN A ONEIDA PARK
- Listing ID #:20261056866
- Added:6 day(s) ago
- Updated:August 03, 2026 at 10:20 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Basement Description:Unfinished
- Living area:1,500 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1950
- Building area:1,500 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Bungalow
- Construction Materials:Aluminum Siding, Vinyl Siding
- Exterior Features:Covered, Porch
- Foundation Description:Basement, Brick Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$125,000
- Price per sq. ft.:$83.33
- Tax amount:$49
Parking
- Parking description:No Garage
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