16242 Cheyenne Street
Detroit, Wayne County
$90,000
3 beds · 1 bath · 1,123 sq ft · House
- Year built
- 1929
- Lot
- 0.08 acres
- Finished lower level
- 595 sq ft
- Annual taxes
- $2,749
- Garage
- 0 cars
- Days on market
- 37
- MLS number
- 20261078802
INVESTMENT OPPORTUNITY IN HARMONY VILLAGE! This well-maintained two-story Colonial, featuring a brick and vinyl siding exterior, offers an opportunity for an investor looking for an income-producing property with property management already in place. The property is currently tenant occupied on a month-to-month lease agreement, with the tenant preference to stay. Current rental income is $1,250 per month, and managed by a professional property management company. Located in Harmony Village, north of Puritan and west of Meyers, the property is conveniently situated near Renaissance High School, Cornerstone Adams-Young Elementary, DMC Sinai-Grace Hospital, shopping, dining, transportation, and other everyday conveniences. Recent improvements completed in 2025 included: renovated kitchen and bathroom and replacement of the main sewer line with a backflow preventer. The property is rent-ready and move-in ready, offering the opportunity to purchase a turnkey investment.
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Listing courtesy of Keller Williams Advantage · (248) 380-8800
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