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About This Home
This 3-bedroom, 2-bathroom single family at 17344 Salem Street in Detroit, MI is listed for $99,900 ($100 per sqft). Built in 1944, the home offers 1,000 sqft of living space on a 0.20 acres lot.
Excellent investment opportunity at 17344 Salem in Detroit! This well-maintained 3-bedroom, 1.5-bath bungalow is tenant-occupied with a long-term, reliable tenant who has been in the property for over 10 years and is signing a new lease at $1,300 per month, making this a strong turnkey addition to any investor's portfolio.
The home features an updated kitchen and full bathroom, plenty of natural light throughout, and a full basement with updated plumbing. Major improvements include a newer roof replaced within the last few years, helping provide peace of mind for future ownership.
Outside, you'll find a large backyard along with a detached two-car garage. The property previously appraised for $120,000 just a couple of years ago, adding to the overall value and upside potential. Whether you are a seasoned investor or looking to start your rental portfolio, this income-producing property is a great low maintenance option!
Key Features
- Built in 1944
- 0.20 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$534/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
17344 Salem Street
Detroit, MI 48219
Mortensons Grand River
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 2-bathroom single family at 17344 Salem Street is listed at $99,900 ($100/sqft). The estimated monthly payment is $433 based on 20% down at 6.5% interest.
Key features include: Built in 1944, 0.20 acre lot, 2 stories.
This property is listed by Joseph Hammel and can be reached at (248) 649-7200 or joe@firerealtyteam.com.
