16044 Fairmount Drive, Detroit, MI 48205 (MLS # 25020135)

PRICE	$45,000
BEDS	3
BATHS	1
HOME SIZE	904 sqft
LOT SIZE	4,356 sqft

Cash-Flowing Investment Property in Detroit - Tenant Occupied! Great opportunity for investors! Located on a quiet, residential street in the heart of Detroit, this tenant-occupied, cash-flowing property is a smart addition to any rental portfolio. Features: Long-term tenant in place for 14 years ,Excellent payment history - currently paying $770/month, Reliable monthly rental income from day one, Potential for value-add improvements to increase equity and returns. With strong rental demand in the area and a stable tenant already in place, this home offers immediate income and long-term potential. Whether you're a seasoned investor or just starting out, this property is a solid pick for building wealth through real estate. Prime Detroit location | Investor special | Turnkey opportunity

DAYS ON MARKET	1	LAST UPDATED	5/7/2025
YEAR BUILT	1942	COMMUNITY	Wayne County - 100
COUNTY	Wayne	STATUS	Active
PROPERTY TYPE(S)	Single Family

SCHOOLS

School District	Detroit

ADDITIONAL DETAILS
AREA	Wayne County - 100
BASEMENT	Full, Yes
CONSTRUCTION	Vinyl Siding
HEAT	Forced Air, Natural Gas
INTERIOR	Master Downstairs
LOT	4356 sq ft
LOT DIMENSIONS	37.00X123.00
SEWER	Public Sewer
STORIES	1
TAXES	1013
WATER	Public

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Listing provided by Arterra Luxe Collection LLC, Kristina Khalifeh

Updated 5/8/25 11:11 AM PDT

Information Deemed Reliable But Not Guaranteed.

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