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About This Home

This 3-bedroom, 1-bathroom single family at 6561 Firwood Street in Detroit, MI is listed for $95,999 ($78 per sqft). Built in 1917, the home offers 1,231 sqft of living space on a 0.07 acres lot.

Agent Description

**CASH-FLOWING DETROIT INVESTMENT OPPORTUNITY - TURNKEY & TENANT OCCUPIED!** On the market and ready for its next owner - this spacious 3-bedroom colonial offers immediate rental income, updated mechanicals, and a prime location just minutes from Downtown Detroit.

**Investor Highlights:** * Tenant occupied at **$1,250/month** * Annual Gross Income: **$15,000** * Approx. **15.6% Gross ROI** * Month-to-month tenant provides flexibility for investors or future owner-occupants PLEASE DO NOT DISTURB TENANTS. This is the type of property investors are actively searching for - updated, income-producing, and located near some of Detroit's hottest growth areas.

--- PROPERTY FEATURES: ? Updated kitchen ? Updated bathroom ? Updated plumbing, electrical & mechanical systems ? Fresh carpet throughout ? Neutral paint colors ? Bright living room with abundant natural light ? Formal dining room ? Spacious kitchen with additional storage potential ?

Enclosed front porch perfect for relaxing ? Unique upper-level four-seasons room ideal for: * Home office * Nursery * Reading nook * Lounge/flex space --- PRIME LOCATION: Located just minutes from: * Downtown Detroit * Corktown * Midtown * Wayne State University * Major freeways * Restaurants, entertainment & nightlife --- Whether you're looking fo

r: * Immediate cash flow * A portfolio addition * A long-term appreciation play * Or a future owner-occupant opportunity This property checks all the boxes. Listed and priced to move - schedule your showing today before it's gone!

Key Features

  • Built in 1917
  • 0.07 acre lot
  • 2 stories

Property Details

2 stories
1 full
1917

Monthly Cost Estimate

$513/mo

20% down · 6.5% · 30 years

Principal$69
Interest$416
Insurance$28

Estimates only. Actual payments may vary.

Location

6561 Firwood Street

Detroit, MI 48210

Kremers

Features & Amenities

Interior Features

Smoke AlarmCircuit BreakersExterior Video Surveillance

Property Details

Construction

Vinyl

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 6561 Firwood Street is listed at $95,999 ($78/sqft). The estimated monthly payment is $416 based on 20% down at 6.5% interest.

Key features include: Built in 1917, 0.07 acre lot, 2 stories. Interior Features: Smoke Alarm, Circuit Breakers, Exterior Video Surveillance.

This property is listed by Adrienne Ponce and can be reached at (888) 501-7085 or adrienne.ponce@exprealty.com.

AP

Adrienne Ponce

Agent at EXP Realty Main

(888) 501-7085

Listed by EXP Realty Main · View on Broker Site

MLS# 20261032639· Source: listhub· Updated 25 days ago

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6561 Firwood Street, Detroit, MI 48210

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