$75,000

9304 Otsego Street, Detroit, MI 48204

3 beds |
2 baths |
1,219 sqft

Single-Family Home
Built in 1916
3,920sqft lot
—— car garage
$62/sqft
Listed 2 months ago

Property Description

REDUCED! LOCATED 6 MINUTES FROM HISTORIC BOSTON EDISON DISTRICT YOU WILL FIND 9304 OTSEGO NESTLED ON A 3,920 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST A BRAND NEW 40 YEAR TEAR OFF ROOF PROTECTING A SPACIOUS 3 BEDROOM UNIT. EVERY WINDOW IN THIS COMPOUND HADS BEEN REPLACED WITH VINYL CLAD INSULATED WINDOWS. SHE ALSO HAS BEEN CAREFULLY UPGRADED WITH NEWLY INSTALLED FURNACE AND NEW HOT WATER TANKS. IN ADDITION, THIS GEM SHOWCASES ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 YEAR SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1,419 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO JUST UNDER $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Listing Status:: Active
Data Last Updated:: April 2, 2026 at 7:43AM
Listing Office:: KW Domain : 2485900800
Listing Agent:: Lauryn Johnson : 2482072994
MLS ID:: 20261005000

Basement: Unfinished
Heating: Forced airNatural gas

Style: Ranch
Pool: None
Parking: No garage

General: Aluminum sidingOneBasementBlock

Road/Access: Paved
Originating MLS: Realcomp II Ltd
School District: Detroit
County: Wayne

Zoning: E OTSEGO 82 GRAHAM & CARROLLS GRAND RIVER SUB L30 P73 PLATSW C R 14/176 30 X 124.47W14I007151S

Water: Public
Sewer: Public sewer

Source: Realcomp II Ltd

This listing courtesy of Lauryn Johnson , KW Domain

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.40 miles away

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.40 miles away

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

1.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.