BEDS3
BATHS1 full
SQUARE FEET950
MLS#20261056869
STATUS(Short Sale) - Active
PROPERTY TYPEResidential - Single Family
SUBDIVISIONH A R R A H S N O R T H D E T R O I T
SCHOOLDetroit
Property Description
This renovated 3-bedroom, 1-bath ranch is currently tenant occupied under an active lease of $1,300 per month ($15,600 annually), offering investors an excellent opportunity to acquire an occupied rental property with long-term upside. Acquired in 2023 and extensively renovated prior to tenant occupancy, the home features updated flooring, fresh paint, an updated kitchen with modern cabinetry and countertops, a renovated bathroom, and numerous interior improvements throughout. The current tenant is in collections for prior rent obligations, with ownership actively pursuing collection efforts while maintaining the existing tenancy. Photos shown were taken prior to the current tenant's occupancy. 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.
Property Features
Property Type: Residential - Single Family
Heating: Forced Air, Natural Gas
Home Style: Ranch
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $2,849
Year Built: 1962
Feature Descriptions
Days on Site: 4
Exterior: Vinyl Siding
Lot Dimensions: 42X100
Parcel#: W15I003602C3
Parking: No Garage
Parking Notes: No Garage
Sewer: Public Sewer
Summer Tax: 1301
Water: Public
Winter Tax: 1548
Room Sizes
Bedroom: 10 X 10
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: EXP Realty Main
Agency Phone: 8885017085
Shown By
Agent Name: Thuy (Twee) Gimby
Agent Phone: Cell: (734) 502-1984
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 914.24 per month $643.28 Principal & Interest $237.42 Property Tax $33.54 Homeowner's Insurance
7200 Edgeton Street | MLS# 20261056869
This single family home located at 7200 Edgeton Street, Detroit, Mi 48212 is currently listed for sale with an asking price of $115,000. This property was built in 1962 and has 3 bedrooms and 1 full baths with 950 sq. ft. Edgeton Street is located in the H A R R A H S N O R T H D E T R O I T subdivision within the Detroit school district. Search H A R R A H S N O R T H D E T R O I T real estate on thuygimby.ikeyrealty.com today.