MLS # 20251046392 (Realcomp)

REDUCED! LOCATED 8 MINUTES FROM THE HISTORIC CITY OF HAMTRAMCK YOU WILL FIND 19985 PACKARD NESTLED ON A 4,356 SQUARE FOOT LOT IN THE QUIET SHERWOOD NEIGHBORHOOD OF HOMEOWNERS. THIS BRICK CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 3 SPACIOUS BEDROOMS AND 2 BATHROOMS. IN ADDITION, THIS HOME HAS NEWER ELECTRICAL AND BRAND NEW FURNACE/HOT WATER TANK TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,480 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER’S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Source: SparkMLS
This 3-bedroom, 2-bath, 1,152 sq ft home built in 1942 sits in Grant in Detroit.
Final sale price: $90,000 (about $78/sq ft).
Annual property taxes run approximately $1,348 ($112/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 1,200 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
East State Fair Gardens No. 1 Subdivision Lot 185, W C R 72/8, 40x109
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lauryn Johnson
KW Domain
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1.2 Gbps
Upload
1 Gbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
19985 Packard, Detroit, MI 48234
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Neighborhood
Grant
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Community
Detroit
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County
Wayne County
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