16514 Burt RD, Detroit, MI 48219
16514 Burt RD, Detroit, MI 48219
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Zaid Kassab

Zaid Kassab

+1(248) 775-5055
$85,000
Est. payment /mo
3 Beds
1 Bath
858 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 858 sqft

Price per Sqft $99

Subdivision Grand River Suburban

MLS Listing ID 20261062084

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1942

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type SingleFamilyResidence

Property Description

FULLY TENANT-OCCUPIED SECTION-8 INVESTMENT PROPERTY RENTED AT $905/MONTH — BELOW MARKET VALUE — WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE. LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET.
WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT'S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED.

Location

State MI

County Wayne

Area Area05034Detjoyschoolcraftgrnfldlimits

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features TwoCarGarage, Detached

Garage Spaces 2.0

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Yasir Abulaban of Own It Realty

NEARBY SCHOOL & BUSINESS

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Zaid Kassab

Zaid Kassab

+1(248) 775-5055

Agent | License ID: 6501416571

Agent License ID: 6501416571

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