20490 Hanna Street Detroit, MI 48203
ong-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!
- Property TypeSingle Family Home
- NeighborhoodEight-Oakland Sub No 1 (Plats)
- CountyWayne
- Taxes$1,050
- HOA/Condo/Coop Fees$0
- Days on Site0 Days
- MLS StatusComing Soon
- MLS ID Number20240072639
- Home Size Source N/A
- Year Built1947
- Lot Size0.09 Acres
- Full Baths1
- Partial Baths1
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General Features
- Style Bungalow
- Construction Brick
- Parking Detached
- Sewer Public Sewer
- Basement Unfinished
- Number of Stories One and One Half
- Water Public
- Garage Spaces 1
- Foundation Block
Interior Features
- Heating Forced AirNatural Gas
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- Senior Community No
- MLS Area Det 6-8 Grfld-Dequindre