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$ 80,000
Est. payment /mo
Active
16317 Carlisle Street Detroit, MI 48205
3 Beds
1 Bath
1,042 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,042 sqft
Price per Sqft $76
MLS Listing ID 20261078975
Bedrooms 3
Full Baths 1
Year Built 1949
Annual Tax Amount $2,134
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40.5X135
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Charming 3-bedroom, 1-bath brick home with options for both owner-occupants and investors! The spacious upstairs primary bedroom offers a private retreat, while the main level features hardwood floors, new carpeting, and a comfortable living area, and a full bath with charming original retro tile. Currently tenant-occupied at $1,300 per month with a cash-paying tenant on a month-to-month lease and a good payment history, giving an investor the opportunity for immediate rental income while preserving flexibility for a future owner-occupant. Conveniently located near Chandler Park Academy, grocery shopping, bus stops, and everyday amenities. Whether you're looking for a place to call home or an income-producing property to add to your portfolio, this classic brick home offers plenty of possibilities. Estimated uncapped taxes $3,135. Est. Insurance $900. 10% property management fees with $1,300/month rent is $1,560/year. Expenses $5,595. Annual cash flow $10,005. ROI 12.5%. This neighborhood has continuously appreciated since the crash. Great investment!
Location
State MI
County Wayne
Direction South off 8 Mile. West of Kelly
Interior
Heating Forced Air
Exterior
Exterior Feature Fenced Back
View Y/N No
Roof Type Asphalt
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I027748S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Great Day Realty, LLC