$100,000
For Sale

12631 ASBURY Park

Detroit, MI 48227
1539 sqft | 2 beds | 1 bath | 0.13 acres | #20250024202
Browse 10 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Turnkey investment opportunity! This updated 2-bedroom, 1-bath home features a finished basement and a 1-car garage, offering practical living space and reliable rental income. The property is being sold subject to an existing lease with a Section 8 tenant in place at $1,300/month, bringing in $15,600 annually. Enjoy steady, government-backed payments and immediate cash flow from day one. Ideal for investors looking to expand their portfolio with a well-maintained, income-producing asset.

  • Property Details
      • SubdivisionSCHOOLCRAFT ASBURY PK SUB
      • Parking FeaturesOneCarGarage, Detached
      • Property SubtypeSingleFamilyResidence
      • FoundationBasement, Block
      • Basement DescriptionFinished, Full
      • Sewer InformationPublicSewer
      • MLS #20250024202
      • Parcel NumberW22I062110S
      • MLS #20250024202
      • Property TypePurchase
      • Original List Price$100,000
      • School DistrictDetroit
      • Parking TypeGarage
      • Utility SourcePublic
      • Taxes Annual$2,118
      • Cost100000
      • CountyWayne
      • Acres0.13
      • Square Feet1539
      • Year Built1945
      • Days on Market (Cumulative)11
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Stories1
      • Parking Spaces1
      • Basement1
      • Basement Finished1

Location

Andrea CantyReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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