REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Nathaniel Richards

nate@reagentnathaniel.com +1(734) 299-1209

$ 95,000

Est. payment | -/mo

3 Beds

1 Bath

1,100 SqFt

Save

$ 95,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,100 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $86

MLS Listing ID 20261046701

Bedrooms 3

Full Baths 1

Year Built 1948

Annual Tax Amount $1,363

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 41.5X126.16

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Attention investors! Welcome to a rock-solid addition to your real estate portfolio. Priced at just $95,000, this tenant-occupied property provides immediate cash flow from day one, completely bypassing the hassle of rehab, marketing, and leasing.The home features a functional layout with three comfortable bedrooms and one full bathroom, complemented by a full basement that provides excellent storage or utility space. Outside, the property includes a detached garage and a manageable yard, all situated in a high-demand rental pocket with easy access to local amenities and transit.From an investment standpoint, the numbers speak for themselves. With a current rent of $1,250 per month, the property generates a gross annual income of $15,000, providing an exceptional yield at this price point. The home is occupied by a reliable, long-term tenant who treats the house like their own, giving you the peace of mind that comes with a proven payment history and zero immediate vacancy costs. This is the perfect hands-off asset for out-of-state investors or local buyers looking to scale their portfolios with minimal effort.Properties with established, long-term tenants at this price point do not last long in today's market. Out of respect for the tenant's privacy, inspections and walkthroughs will only be arranged after a signed purchase agreement is in place. Please do not disturb the occupants. Serious inquiries only—contact us today to submit your contract for review.All measurements and square footage are estimated .

Location

State MI

County Wayne

Direction From I-94 East, take exit 224A toward Moross Rd. Turn right onto Moross Rd, then make an immediate right onto Balfour Rd. Property will be on your right.

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 2.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I067935S007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by EXP Realty Main

Schools and Properties Nearby

Nathaniel Richards

Realtor | License ID: 6501446715

+1(734) 299-1209 | nate@reagentnathaniel.com

11441 Balfour Road Detroit, MI 48224

Nathaniel Richards

Key Details

Location

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

11441 Balfour Road