7200 Edgeton Street, Hamtramck, MI 48212
Local realty services provided by:ERA Prime Real Estate Group
7200 Edgeton Street,Hamtramck, MI 48212
$115,000
- 3 Beds
- 1 Baths
- 950 sq. ft.
- Single family
- Active
Listed by: jay naim, fadi dabaja
Office: exp realty main
MLS#:20261056869
Source:MI_REALCOMP
Price summary
- Price:$115,000
- Price per sq. ft.:$121.05
About this home
This renovated 3-bedroom, 1-bath ranch is currently tenant occupied under an active lease of $1,300 per month ($15,600 annually), offering investors an excellent opportunity to acquire an occupied rental property with long-term upside. Acquired in 2023 and extensively renovated prior to tenant occupancy, the home features updated flooring, fresh paint, an updated kitchen with modern cabinetry and countertops, a renovated bathroom, and numerous interior improvements throughout. The current tenant is in collections for prior rent obligations, with ownership actively pursuing collection efforts while maintaining the existing tenancy. Photos shown were taken prior to the current tenant's occupancy. 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:1962
- Subdivision & Development:HARRAHS NORTH DETROIT
- Listing ID #:20261056869
- Added:6 day(s) ago
- Updated:August 03, 2026 at 10:20 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:3
- Living area:950 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1962
- Building area:950 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Ranch
- Construction Materials:Vinyl Siding
- Foundation Description:Slab
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$115,000
- Price per sq. ft.:$121.05
- Tax amount:$2,849
Parking
- Parking description:No Garage
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