MLS # 20261011943 (Realcomp)

Great investment opportunity offering immediate rental income and long-term appreciation potential. This solid, well-maintained home is City Certified as a rental, making it turnkey for investors seeking cash flow without the delay of certification or compliance work. Average rents in the area are approximately $1,200+per month, providing strong income potential. Also great for a stater home.The property features a spacious living room, formal dining room, two bedrooms on the main level, and a large upper bedroom with a half bath. The layout offers flexibility for tenants or owner-occupants. Clean condition and well cared for, this home is move-in ready.An additional parcel is included in the sale, creating added value and future upside opportunity. The extra lot enhances the investment profile.Located less than 15 minutes from Downtown, the property benefits from strong rental demand and an area experiencing increasing property values. Priced to sell and positioned for both cash flow and appreciation. A smart addition to any investment portfolio or starter home
Source: SparkMLS
This 3-bedroom, 2-bath, 1,200 sq ft home built in 1914 sits in St Jean in Detroit.
This home sold for $72,000 (about $60/sq ft).
Property tax estimate: $918 per year ($77/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
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
E BEWICK 74 BEWICKS SUB L29 P47 PLATS, W C R 21/578 30 X 130
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sharon L Oliver
KW Grosse Pointe
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.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4518 Bewick Street, Detroit, MI 48214
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Neighborhood
St Jean
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Community
Detroit
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County
Wayne County
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