19405 PIERSON Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48219
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,011 sqft
Price per Sqft $97
MLS Listing ID 20251012528
Bedrooms 3
Full Baths 2
Year Built 1948
Annual Tax Amount $2,583
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 43.00 x 132.00
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
CALLING ALL INVESTORS! This newly remodeled 3-bedroom, 2-bath brick bungalow is the perfect addition to your investment portfolio or an ideal starter home. With over $30K in upgrades, this turnkey property is move-in ready and maintenance-free. Recent 2022 updates include a new roof, furnace, hot water tank, refinished hardwood floors, updated bathrooms with new vanities, new blinds, and a fully renovated kitchen with new countertops. Investors will appreciate that the current owner/management company has a pre-qualified tenant ready to move in, though the home is being marketed to both investors and first-time buyers. With current rent comps in the area averaging $1,250/month, and yearly expenses—including taxes and insurance—totaling less than $3,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Martins Subdivision, this is an opportunity you don't want to miss!
Location
State MI
County Wayne
Area Wayne County - 100
Direction Head North on Evergreen to 7 Mile Rd to Pierson St
Rooms
Basement Partial
Interior
Interior Features Basement Partially Finished
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I106756S015L
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional