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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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2744 Lawrence St , Detroit, MI 48206
$239,900
Est. Payment: $1,235.36/mo
3 Bed
2 Bath
1406 Sqft
Status: active | Days on site: 39
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

ATTENTION INVESTORS! Turnkey cash-flow opportunity at 2744 Lawrence Street, Detroit, MI 48206! This beautifully renovated 3-bedroom, 1.5-bath brick colonial comes with a new tenant already in place, paying $1,800 per month on a 12-month lease that began in July 2026, generating $21,600 in gross annual rental income from day one. Professionally appraised at $259,000 (full report available upon request), this property offers immediate income and long-term value. Recent renovations include a stunning kitchen with granite countertops, new cabinetry, brand-new stove, refrigerator, and dishwasher, new flooring throughout, fresh paint, updated bathrooms, modern lighting, and a new furnace. Additional features include a spacious living room, formal dining room, unfinished attic with future value-add potential, large private backyard, and detached 2-car garage. Ideally located just minutes from Boston-Edison, New Center, Downtown Detroit, major freeways, shopping, restaurants, and entertainment

Highlights

Listed by Sotero Lopez , 586-863-3300 eXp Realty, LLC , 888-501-7085. MichRIC

Property Type

Residential

Lot/Acreage
0.1

Year Built

1924

County

Wayne

Neighborhood

J W Lathrups Lawrence & Collingwood Aves

School District

Detroit

Listing ID

26025777

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Microwave, Range, Refrigerator
Floor:Wood
Basement:Full
Other:Public

Exterior Features

Sewer:Public
Parking Features:Detached
Principal Interest
$1,235
Taxes
$121

Home Price

$239,900

Loan Details

30 yrs
6.676%

Down Payment

20%
$47,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,235.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,235.36 $120.83 $0.00 $1,356.20
Yearly $14,824.36 $1,450.00 $0.00 $16,274.36
Total $444,730.94 $43,500.00 $0.00 $488,230.94
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

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