$85,000

16514 Burt Road, Detroit, MI 48219

  • 3 beds |
  • 1 bath |
  • 858 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1942
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $99/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

FULLY TENANT-OCCUPIED SECTION-8 INVESTMENT PROPERTY RENTED AT $905/MONTH -- BELOW MARKET VALUE -- WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE. LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET. WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT'S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED.

Listing Status:
Active
Date Added:
August 6, 2026
Data Last Updated:
August 20, 2026 at 12:45PM
Listing Office:
Own It Realty : 313-395-0000
Listing Agent:
Yasir Abulaban : 313-377-3138
MLS ID:
61018720
  • Basement: Unfinished
  • Heating: Natural GasForced Air
  • Style: Bungalow
  • Parking: Parking spaces: 2
  • General: BrickOne and One HalfBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: E BURT 368 GRAND RIVER SUBURBAN SUB L35 P16 PLATSW C R 22/454 50 X 117.59
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Yasir Abulaban , Own It Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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