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Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,004 sqft
Price per Sqft $47
Subdivision Rouge Park Sub
MLS Listing ID 20250020058
Style Bungalow
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1941
Annual Tax Amount $644
Lot Size 5,227 Sqft
Property Sub-Type Bungalow
Property Description
Welcome to 8220 Burt road in the Warrendale neighborhood of Detroit. This house is a dream for a new or seasoned investor as the property collecting an astounding 16.2% ROI, or 110% cash on cash for an investor using a DSCR loan. This house has been fully renovated over the last 2 years with new kitchen, windows, flooring, paint, etc, and due to this our tenants do not want to leave. Tenants are cash paying and do not miss a month. Seller also has other cash flowing rentals in the city he would be willing to package together for the right investor. No showings without an accepted offer to not disturb our tenant
Location
State MI
County Wayne
Area Det - Joy-Dbn Ht Grnfld-Limits
Interior
Hot Water Electric
Heating Forced Air
Exterior
Parking Features Detached
Garage Description 1 Car
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Detroit
Others
Assessment Amount $250
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Palladium Realty
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