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  • Photo 1 of 16317 Carlisle Street

16317 Carlisle Street

Detroit, Wayne County

$80,000

3 beds · 1 bath · 1,042 sq ft · House

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  • 16317 Carlisle Street
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Year built
1949
Lot
0.13 acres
Annual taxes
$2,134
Garage
0 cars
Days on market
43
MLS number
20261078975
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Charming 3-bedroom, 1-bath brick home with options for both owner-occupants and investors! The spacious upstairs primary bedroom offers a private retreat, while the main level features hardwood floors, new carpeting, and a comfortable living area, and a full bath with charming original retro tile. Currently tenant-occupied at $1,300 per month with a cash-paying tenant on a month-to-month lease and a good payment history, giving an investor the opportunity for immediate rental income while preserving flexibility for a future owner-occupant. Conveniently located near Chandler Park Academy, grocery shopping, bus stops, and everyday amenities. Whether you're looking for a place to call home or an income-producing property to add to your portfolio, this classic brick home offers plenty of possibilities. Estimated uncapped taxes $3,135. Est. Insurance $900. 10% property management fees with $1,300/month rent is $1,560/year. Expenses $5,595. Annual cash flow $10,005. ROI 12.5%. This neighborhood has continuously appreciated since the crash. Great investment!

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Realcomp IDX

Listing courtesy of Great Day Realty, LLC · (248) 390-3982

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