3031 Lawrence Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $94
MLS Listing ID 20251023585
Bedrooms 3
Full Baths 1
Year Built 1923
Annual Tax Amount $1,717
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X127.25
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
SECTION 8 TENANT PAYING $1,424/MONTH! THIS DETROIT BRICK HOME HAS BEEN SIGNIFICANTLY UPDATED — INCLUDING NEWER ROOF, MECHANICALS, PLUMBING, AND ELECTRICAL. PRICED AT $184,900 WITH AN ARV OF $260K+, THIS PROPERTY IS A PRIME BUY-AND-HOLD PLAY WITH HIGH FLIP POTENTIAL. WITH STANDARD INVESTOR FINANCING, IT DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN WHILE BUILDING EQUITY OVER TIME. ENJOY GUARANTEED RENTAL INCOME TODAY AND A HIGH-RETURN EXIT STRATEGY TOMORROW. LOCATED IN A STABLE, HIGH-DEMAND RENTAL POCKET. PROFESSIONALLY MANAGED. LOW MAINTENANCE. HIGH UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
Location
State MI
County Wayne
Area Wayne County - 100
Direction East of Dexter, North of Chicago Blvd
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 12003245
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional