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Jim Blehm

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

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15860 Cruse St , Detroit, MI 48227
$149,999
Est. Payment: $333.33/mo
4 Bed
2 Bath
1820 Sqft
Status: Active | Days on site: 56
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House Description

Excellent Investment Opportunity with Immediate Rental Income!Welcome to this well-maintained 4-bedroom, 1.5-bath brick bungalow offering the perfect combination of immediate cash flow and long-term appreciation potential. Currently occupied by a long-term agency tenant, this property presents an outstanding opportunity for investors seeking a stable, income-producing asset in Detroit's strong rental market.Inside, you'll find a bright and functional floor plan featuring spacious living areas, generously sized bedrooms, and tasteful updates throughout. The unfinished basement provides abundant storage space and offers future potential for additional finished living space, a recreation room, or workshop.Constructed with durable brick, the home also features a detached one-car garage and a generous backyard, providing amenities that contribute to long-term tenant satisfaction and retention.Whether you're looking to expand your rental portfolio, complete a 1031 exchange, or invest in a property with proven rental history, this home checks all the boxes. Conveniently located near schools, parks, shopping, dining, public transportation, and major freeways, the location continues to support strong rental demand and long-term value.Don't miss this opportunity to acquire a well-maintained, income-producing property with immediate rental income already in place. Schedule your private showing today!

Highlights

Listed by Adrienne Ponce , 586-339-4870 EXP Realty Main , 888-501-7085.

Property Type

Residential

Lot/Acreage
0.1

Year Built

1939

County

Wayne

School District

Detroit

Listing ID

20261053522

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1

Exterior Features

Roof:Asphalt
Others:
  • Additional:Porch(es)
Sewer:Public
Parking Features:Detached
Principal Interest
$333
Taxes
$247

Home Price

$149,999

Loan Details

30 yrs
%

Down Payment

20%
$30,000
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:
$333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $333.33 $247.17 $0.00 $580.50
Yearly $3,999.97 $2,966.00 $0.00 $6,965.97
Total $119,999.20 $88,980.00 $0.00 $208,979.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.