13558 Pinehurst Street, Detroit, MI 48238

Listing Description

TURNKEY, CASH-FLOWING BUNGALOW NEAR DAVISON–SCHOOLCRAFT OFFERING 4 BEDROOMS AND 1 FULL BATH. LOCATED AT 13558 PINEHURST ST., THIS BEAUTIFULLY UPDATED HOME SITS ON A 3,525 SQ. FT. LOT IN A QUIET, WELL-KEPT NEIGHBORHOOD DOMINATED BY LONG-TERM HOMEOWNERS. THIS PROPERTY IS A TRUE INVESTOR WIN, WITH EXTENSIVE RECENT CAPITAL IMPROVEMENTS DESIGNED FOR MINIMAL MAINTENANCE AND MAXIMUM RETURNS. ALL WINDOWS HAVE BEEN REPLACED, AND MAJOR SYSTEMS HAVE BEEN UPGRADED INCLUDING A BRAND NEW FURNACE, HOT WATER TANK, NEW PLUMBING, AND UPDATED ELECTRICAL—SETTING THE STAGE FOR YEARS OF WORRY-FREE OWNERSHIP. INSIDE, YOU’LL FIND A FULLY RENOVATED KITCHEN AND BATHROOM, FRESH PAINT THROUGHOUT, AND NEW LVT FLOORING AND BERBER CARPETING. THE PROPERTY IS FRESHLY LEASED FOR $1,500 IN RELIABLE MONTHLY SECTION 8 RENT, WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER, RESULTING IN A STRONG RETURN JUST UNDER 15%. TAXES HAVE BEEN REDUCED TO APPROXIMATELY $85 PER MONTH. A RECENT COMP ON THE SAME STREET SOLD FOR $140,000—IMMEDIATE EQUITY UPON CLOSING. THIS DIAMOND IS READY FOR ITS NEXT OWNER. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. LET’S CLOSE.

Source: SparkMLS

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