19958 Washburn Street, Detroit, MI 48221

• 3 beds |
• 1 bath |
• 1,046 sqft

Property Description

LOCATED JUST 7 MINUTES FROM THE HISTORIC UNIVERSITY DISTRICT , YOU WILL FIND 19958 WASHBURN NESTLED ON A 4,356 SQUARE FOOT LOT IN THIS QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A NEWER ROOF AND HAS RECENTLY BEEN REMODELED AND BOASTS 3 SPACIOUS BEDROOMS. IN ADDITION, THIS HOME HAS BRAND NEW ELECTRICAL, PLUMBING, AND NEW FURNACE/HOT WATER TANK TO ENSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,681 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Listing Status:

Active

Date Added:

November 26, 2025 at 06:00AM

Listing Office:

KW Domain : 248-590-0800

Listing Agent:

Lauryn Johnson : 248-207-2994

MLS ID:

60955954

Interior

• Heating: Natural GasForced Air

Exterior

• Style: Ranch
• Parking: Parking spaces: 0

Construction

• General: BrickOneSlab

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E WASHBURN 176 GRAND PARK SUB L42 P16 PLATSW C R 16/404 40 X 114

Utilities

• Water: Public

Financial

• Source: MiRealSource

This listing courtesy of Lauryn Johnson, KW Domain