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$ 90,000
Est. payment /mo
New
15894 Fordham Street Detroit, MI 48205
3 Beds
1 Bath
1,028 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,028 sqft
Price per Sqft $87
MLS Listing ID 20261073708
Bedrooms 3
Full Baths 1
Year Built 1949
Annual Tax Amount $5,097
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X122
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
15894 fordham street ---CALLING ALL INVESTORS—TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.
Location
State MI
County Wayne
Direction S of Seven Mile Rd | E of Kelly
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 1
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I019667S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition {"REO/Bank Owned":true}
Listed by EXP Realty Main