House Description

Turn-Key Investment Opportunity — Stabilized Long-Term Tenant in PlaceThis home has been meticulously maintained as a rental for over 15 years, making it an ideal addition for a new or seasoned investor seeking immediate cash flow with zero vacancy risk. The current tenant is long-term and stable, and pays all utilities while maintaining the yard — a true hands-off hold.Updates since 2020 include: living room windows, hot water heater, boiler maintenance, chimney work, concrete driveway, garage door opener, a vented upstairs AC unit, and select electrical improvements.Step into consistent rental income from day one with this well-cared-for, low-maintenance property.Sale is subject to probate approval.

Highlights

Listed by Kristine Crook , 586-438-5747 Community Choice Realty Inc , 248-729-0011. MichRIC

Property Type

Residential

Lot/Acreage

0.12

Year Built

1948

County

Macomb

Neighborhood

Eastpointe City

School District

Eastpointe

Listing ID

20261049787

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Payment Breakdown

Principal Interest

$592

Taxes

$171

Home Price

$115,000

Home Price

Loan Details

30 yrs

6.676%

Interest Rate

Loan Type

Down Payment

20%

$23,000

Down Payment

Down Payment %

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Monthly Price:

$592.19

Principal

Taxes