5291 FARMBROOK Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 1,038 sqft
Price per Sqft $126
Subdivision Rivard Villas
MLS Listing ID 20250017044
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1940
Annual Tax Amount $1,367
Lot Size 4,356 Sqft
Property Sub-Type Bungalow
Property Description
Turnkey Rental Property, Renovated in 2024, Leased Through 2026! Investors, here's your prime opportunity! This turnkey rental property, renovated in 2024, offers immediate cash flow with a tenant already in place. The property is currently leased for $1,250 per month through December 31, 2025, with an increase to $1,312.50 per month from January 1, 2025, to December 31, 2026. With its recent renovations, including a modern kitchen with quartz countertops and a stylish subway tile backsplash, this home requires minimal upkeep and offers an attractive rental experience for tenants. Located in a desirable neighborhood, this property is within walking distance of popular dining options on Mack Ave, including The Jagged Fork and Dish, as well as local favorites like Motor City Burgzs on Warren Ave. Fitness enthusiasts will appreciate the close proximity to the Eastside Tennis & Fitness Club and Balduck Park. Essential amenities like Village Market grocery store and St. John's Hospital are also just minutes away. This is the ideal investment for those seeking a turnkey rental with recent updates and a long-term lease in place. Don't miss out on this incredible investment opportunity in a high-demand rental market. To respect the tenant's privacy, showings will be scheduled only after an accepted offer.
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage Description No Garage
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Structure Type Vinyl
Schools
School District Detroit
Others
Assessment Amount $250
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional