19405 PIERSON STREET
Detroit, MI 48219
1761 sqft | 3 beds | 2 baths | 0.13 acres | #20250013390
Description
CALLING ALL INVESTORS! This newly remodeled 3-bedroom, 2-bath brick bungalow is the perfect addition to your investment portfolio or an ideal starter home. With over $30K in upgrades, this turnkey property is move-in ready and maintenance-free. Recent 2022 updates include a new roof, furnace, hot water tank, refinished hardwood floors, updated bathrooms with new vanities, new blinds, and a fully renovated kitchen with new countertops. Investors will appreciate that the current owner/management company has a pre-qualified tenant ready to move in, though the home is being marketed to both investors and first-time buyers. With current rent comps in the area averaging $1,250/month, and yearly expenses—including taxes and insurance—totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Martins Subdivision, this is an opportunity you don’t want to miss!
Property Details
- Parking FeaturesTwoCarGarage, Detached
- Property SubtypeSingleFamilyResidence
- SubdivisionST MARTINS (PLATS)
- Basement DescriptionPartiallyFinished
- FoundationBasement, Poured
- Parcel NumberW22I106756S015L
- StoriesOneandOneHalf
- Sewer InformationPublicSewer
- MLS #20250013390
- MLS #20250013390
- Property TypePurchase
- Original List Price$115,000
- School DistrictDetroit
- Parking TypeGarage
- Utility SourcePublic
- Taxes Annual$2,583
- Cost115000
- CountyWayne
- Acres0.13
- Square Feet1761
- Year Built1948
- Bedrooms3
- Bathrooms2
- Full Baths2
- Parking Spaces2
- Basement1
- Basement Finished1
- Days on Market (Cumulative)7
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Dominic Shaba (#443970), Email: soldwithdominic@gmail.com
Listing Office: EXP Realty Main (#375382)
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