$58,900
Coming Soon
1 Day Online
3 Beds2 Baths1,276 SQFT
Coming Soon

20490 Hanna Street Detroit, MI 48203

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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

Schools

School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$285
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