12631 ASBURY Park Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48227 1204
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 775 sqft
Price per Sqft $129
Subdivision Schoolcraft Asbury Pk Sub
MLS Listing ID 60382576
Style 1 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 775
Year Built 1945
Annual Tax Amount $2,118
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 46.00 x 132.00
Property Sub-Type Single Family
Property Description
Turnkey investment opportunity! This updated 2-bedroom, 1-bath home features a finished basement and a 1-car garage, offering practical living space and reliable rental income. The property is being sold subject to an existing lease with a Section 8 tenant in place at $1,300/month, bringing in $15,600 annually. Enjoy steady, government-backed payments and immediate cash flow from day one. Ideal for investors looking to expand their portfolio with a well-maintained, income-producing asset.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Finished
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Garage Yes
Building
Story 1 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $250
Energy Description Natural Gas
Financing Cash,Conventional