$58,900 for Sale

20490 hanna street, highland park, MI 48203

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Beds 4 Baths 2 1,276 Sqft 0.09 Acres 1 of 15
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Property Description
Long-Term Tenant Investment Opportunity – Detroit Brick Bungalow An incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow. Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants. Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don’t miss out on this prime investment opportunity in a growing area of Detroit!
General Information
Sale Price: $58,900
Price/SqFt: $46
Est. Payments: $387
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Status: Active
MLS#: 20240072639
City: detroit
Post Office: highland park
Schools: detroit
County: Wayne
Subdivision: eight-oakland sub no 1 (plats)
Acres: 0.09
Lot Dimensions: 40.00 x 100.00
Bedrooms:4
Bathrooms:2   (1 full, 1 half)
House Size: 1,276 sq.ft.
Acreage: 0.09 est.
Year Built: 1947
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom: 
Bedroom: 
Bedroom: 
Bedroom - Primary: 
Bath - Full: 
Bath - Lav: 
Kitchen: 
Living Room: 
Paved Road:  Paved
Garage:  1 Car
Garage Description:  Detached
Construction:  Brick
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary),Sewer at Street
Watersource:  Public (Municipal),Water at Street
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $962
Est. Winter Taxes:  $88
Legal Description:  E HANNA N 15 FT 950 S 25 FT 951 EIGHT-OAKLAND SUB NO 1 L37 P23 PLATS, W C R 9/176 40 X 100


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Timothy Moore of Zest Realty LLC, Phone: (248) 270-8238
(517) 376-0547 Call Mitchell Allen for more information about this property.

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This Home located at
20490 hanna street, highland park MI 48203
is currently for sale priced at $58,900 and was listed on September, 26, 2024 and has been on the market for 57 days and was last updated on November, 22, 2024.

20490 hanna street has 4 bedrooms, 2 bathrooms, and approximately 1,276 square feet. This home is in the detroit school district and has a lot size of 40.00 x 100.00 with 0.09 acres and was built in 1947. 20490 hanna street is in the 48203 ZIP Code area of highland park.

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