MI > Detroit
Detroit, MI 48227,13918 Terry Street
Detroit, MI 48227,13918 Terry Street
Detroit, MI 48227,13918 Terry Street
33
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$125,000
Est. payment /mo
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3 Beds
2 Baths
1,482 SqFt
New

13918 Terry Street Detroit, MI 48227

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Megan Ahejew

Megan Ahejew

+1(810) 391-6814

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,482 sqft

Price per Sqft $84

MLS Listing ID 20251059204

Bedrooms 3

Full Baths 2

Year Built 1925

Annual Tax Amount $963

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X120

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Excellent turnkey investment opportunity in Detroit! 13918 Terry St is fully renovated and occupied with a new and vetted tenant paying $1,500 per month. Offered at only $125,000, this property delivers an outstanding 14.4% cap rate from day one. Complete renovation includes new paint, windows, electrical, plumbing, furnace, water heater, kitchen and baths. Do not forget the rare and massive 3 car garage in the oversized backyard. Valid City of Detroit Certificate of Occupancy and Certificate of Compliance on file; property meets all rental standards and is Section 8 eligible. Current tenant is on a market-rate lease; full documentation, lead clearance, and tenant info available upon request. Ideal for hands-off or out-of-state investors seeking immediate cash flow in a strong rental submarket. Do not miss this rare combination of condition, occupancy, and return. Priced for quick sale. BATVAI

Location

State MI

County Wayne

Area Wayne County - 100

Direction Grand River to Schoolcraft to Terry

Rooms

Basement Partial

Interior

Interior Features Basement Partially Finished

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 3.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Brick,Vinyl Siding

Schools

School District Detroit

Others

Tax ID W22I042942S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Century 21 Curran & Oberski
Megan Ahejew
Megan Ahejew

Agent | License ID: 6501435244

+1(810) 391-6814 | megan@asimplernest.com

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13918 Terry Street