$125,000

4625 Chalmers Street, Detroit, MI 48215

  • 5 beds |
  • 2 baths |
  • 1,500 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $83/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied--please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Listing Status:
Active
Date Added:
July 27, 2026
Data Last Updated:
August 20, 2026 at 12:45PM
Listing Office:
EXP Realty Main : 888-501-7085
Listing Agent:
Jay Naim : 313-571-6581
MLS ID:
61015219
  • Basement: Unfinished
  • Heating: Natural GasForced Air
  • Style: Bungalow
  • Other Structures: Porch
  • Parking: Parking spaces: 0
  • General: Aluminum SidingVinyl SidingOne and One HalfBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: W CHALMERS 131 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATSW C R 21/441 35 X 120
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Jay Naim , EXP Realty Main

Monthly Payment

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

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Location

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