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Listed price in listed location currency (USD).
$58,000
$58,900

420

MLS® 20240072639

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1276 sqft
Garage Yes
Taxes $1,050
Lot Size 0.09 acres
Approx. Age 1947
Avg. Price Per Sqft $46
MLS® Number 20240072639

Property Address: 20490 Hanna St, Detroit, MI, 48203-1228

Average square foot calculated using Size range provided by listing agent.

Description

Long-Term Tenant Investment Opportunity – Detroit Brick Bungalow An incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1, 400/month, there’s great potential for increased cash flow. Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants. Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don’t miss out on this prime investment opportunity in a growing area of Detroit!
MLS® Number20240072639
Laundry Level
Central VacNo
FireplaceNo
Acreage0.09
Exterior
GarageYes
Approx. Age1947
BasementUnfinished
DrivewayOne Car Garage, Detached
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Rooms

Other:8 × 8 ft
Kitchen:12 × 12 ft
Other:Upper Level14 × 10 ft
Other:Upper Level5 × 5 ft
Living Room:12 × 12 ft
Other:10 × 11 ft

Similar Listings

Price History

Jan 15, 2025End Date
$58,000Sold Price

Sold

Oct 4, 2024List Date
$58,900List Price
  • Commute

Commute

Starting Address
Destination Address
20490 Hanna St, Detroit, MI

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