MI > Detroit
Detroit, MI 48204,9327 CLOVERLAWN Street
Detroit, MI 48204,9327 CLOVERLAWN Street
Detroit, MI 48204,9327 CLOVERLAWN Street
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$124,900
Est. payment /mo
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4 Beds
3 Baths
1,044 SqFt
New

9327 CLOVERLAWN Street Detroit, MI 48204

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Epique Realty

Epique Realty

+1(512) 387-0722

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,044 sqft

Price per Sqft $119

MLS Listing ID 20251019379

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1945

Annual Tax Amount $1,581

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40.00 x 123.00

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Investor Special: 10%+ Cap Rate, Tenant in Place, Immediate Cash FlowSolid cash-flowing asset in Detroit's resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment!Key investor highlights:4 bed / 2.5 bath layout ideal for long-term rental demandTenant pays utilities, minimizing owner expensesMonth-to-month lease = flexibility without vacancy riskRoom to improve cash flow with minor updates or rental increasesProximity to Joe Louis Greenway adds long-term valueThe home itself offers character and charm with functional updates:A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package.**Homes with this square footage, location, and income potential rarely come at this price.Do not disturb tenant. Showings after accepted offer. BTVAI.

Location

State MI

County Wayne

Area Wayne County - 100

Direction Take Exit 2A and I-96 W to W Interstate 96 Service Rd/Jeffries Fwy. Take exit 188A from I-96 W6 min (5.9 mi)Take W Chicago to Cloverlawn Ave.

Interior

Interior Features Basement Finished, Home Warranty

Heating Hot Water

Exterior

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Garage Yes

Building

Story 1

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W18I014457S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Irongate Realty Group

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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9327 CLOVERLAWN Street