16240 SAINT MARYS Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48235
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $125
Subdivision Greenfield Acres Sub (Plats)
MLS Listing ID 20250024186
Style Ranch
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1941
Annual Tax Amount $1,296
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45.00 x 105.00
Property Sub-Type Ranch
Property Description
Excellent investment opportunity! This updated 3-bedroom, 1.5-bath home features a finished basement and a 1-car garage, offering solid functionality and appeal. The property is being sold subject to an existing lease with a long-term Section 8 tenant in place at $1,300/month, generating $15,600 in annual rental income. Ideal for investors seeking dependable, government-backed rental payments and immediate cash flow. A turnkey addition to any rental portfolio.
Location
State MI
County Wayne
Area Det - Schcraft-6 Grnfld-Limits
Direction N of Puritan
Rooms
Basement Finished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Parking Features Detached
Garage Description 1.5 Car
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I058655S
Ownership Short Sale - No,Private Owned
Assessment Amount $250
Acceptable Financing Cash,Conventional,Warranty Deed
Listing Terms Cash,Conventional,Warranty Deed
Financing Cash,Conventional,Warranty Deed