15860 Sorrento StreetDetroit, MI 48227
$115,000
Listing courtesy of Keller Williams Somerset
3
Beds
2
Baths
1,479
Sqft
About
This Home
Excellent opportunity to add a cash-flowing investment property to your portfolio! This tenant-occupied brick home is currently rented on a month-to-month lease at $1,000 per month, providing immediate income with significant upside potential. The current rent is well below today's market rates, making this an outstanding value-add opportunity for investors looking to increase cash flow over time. Pricing reflects the below-market rent, creating exceptional value for savvy buyers. Whether you're looking to continue collecting rental income or gradually reposition the property to maximize returns, this is a strong investment opportunity you won't want to miss. To respect tenant privacy, no showings until an accepted offer.
Details
- Property Type
- Residential
- Style
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 0.09 acres
- Garage Spaces
- 1
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Basement
- Unfinished
- Annual Taxes
- $6,119
- MLS #
- 20261054096
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of Keller Williams Somerset. MLS # 20261054096. Information is deemed reliable but not guaranteed and should be independently verified.
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