16044 Fairmount Drive, Detroit, MI 48205
Local realty services provided by:Better Homes and Gardens Real Estate Connections
16044 Fairmount Drive,Detroit, MI 48205
$43,000
- 2 Beds
- 1 Baths
- 904 sq. ft.
- Single family
- Active
Listed by:kristina khalifeh
Office:arterra luxe collection llc.
MLS#:25020135
Source:MI_GRAR
Price summary
- Price:$43,000
- Price per sq. ft.:$47.57
About this home
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
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Home facts
- Year built:1942
- Listing Id #:25020135
- Added:84 day(s) ago
- Updated:August 14, 2025 at 10:49 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:904 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1942
- Building area:904 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$43,000
- Price per sq. ft.:$47.57
- Tax amount:$1,013 (2024)
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