$75,000 for Sale
5279 cadieux road,
detroit,
MI
48224
| Beds 3 | Baths 2 | 1,161 Sqft | 0.10 Acres |
|
1 of 34 |
Property Description
SUBMIT YOUR BEST OFFER! Tenant in place. Income from day one. Future upside built in. This professionally managed brick bungalow in Detroit's sought-after East English Village offers the kind of straightforward investment opportunity investors are actively looking for. Priced at $75,000, this 3-bedroom, 2-bath home with a 1.5-car garage comes with a tenant already in place through April 2027, generating $1,100/month in gross rent with the tenant paying all utilities. The current tenant has occupied the property since 2023, providing immediate stability, while current lease provides immediate income with room for future rental optimization. Major improvements completed in 2023, including the furnace, hot water heater, and basement waterproofing, help minimize deferred maintenance concerns, while professional management makes ownership transition simple. With established tenancy, strong neighborhood appeal, and immediate income, this is an ideal addition for investors seeking a low-friction portfolio acquisition. Lease, ledger and due diligence documentation available.
General Information
Sale Price: $75,000
Price/SqFt: $65
Status: Active
MLS#: 60994882
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: vogt bernard
Acres: 0.1
Lot Dimen: 40X111
Bedrooms:3
Bathrooms:2 (2 full, 0 half)
House Size: 1,161 sq.ft.
Acreage: 0.1 est.
Year Built: 1950
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 24x11
Bedroom 2: 12x9
Bedroom 3: 11x12
Bedroom 4:
Family Room:
Greatroom:
Dining Room: 12x9
Kitchen: 11x9
Livingroom: 22x13
Pole Buildings:
Paved Road: Paved Street
Garage: 1.5
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation: Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public At Street
Watersource: Public Water at Street
Tax, Fees & Legal
Est. Summer Taxes: $1,565
Est. Winter Taxes: $0
HOA fees:
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Listing By: Gentraia Brown of REMAX City Centre, Phone: 313-528-3002
