19640 HOOVER Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 884 sqft
Price per Sqft $56
MLS Listing ID 20250019731
Bedrooms 3
Full Baths 1
Originating Board Realcomp
Year Built 1950
Annual Tax Amount $1,233
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 126.00
Property Sub-Type Single Family Residence
Property Description
Now offering 19640 Hoover Rd in Detroit, Mi, an amazing opportunity for an investor to add to their rental portfolio. Currently operating at a 26.4% cap rate, this home has been recently renovated by the landlord. A long term cash paying tenant is in place and would love nothing more than to stay. This unit has been cared for and maintained by the landlord to make for an easy transition to a new property owner or management team. For interested buyers, this landlord has multiple other single family owner occupied units for sale, all averaging 20% or better ROI.
Location
State MI
County Wayne
Area Wayne County - 100
Direction S of State Fair on Hoover
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 1
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID W21I036306S
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional