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Listed price in listed location currency (USD).
$115,000

321

MLS® 20261054096

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1479 sqft
Garage Yes
Taxes $6,119
Days Active 42
Lot Size 0.09 Acres
Approx. Age 1940
Avg. Price Per Sqft $77
MLS® Number 20261054096

Property Address: 15860 Sorrento St, Detroit, MI, 48227-4030

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

Description

Excellent opportunity to add a cash-flowing investment property to your portfolio! This tenant-occupied brick home is currently rented on a month-to-month lease at $1, 000 per month, providing immediate income with significant upside potential. The current rent is well below today's market rates, making this an outstanding value-add opportunity for investors looking to increase cash flow over time. Pricing reflects the below-market rent, creating exceptional value for savvy buyers. Whether you're looking to continue collecting rental income or gradually reposition the property to maximize returns, this is a strong investment opportunity you won't want to miss. To respect tenant privacy, no showings until an accepted offer.
MLS® Number20261054096
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1940
BasementUnfinished
DrivewayOne Car Garage, Detached
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $108,000 and $119,000.
Similar properties in this area sold on average for: $108,855
Expected to sell in 36 days. Similar properties sold in 78 days. This home has been on Zoocasa for 42 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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