7200 Edgeton Street, Hamtramck, MI 48212
7200 Edgeton Street, Hamtramck, MI 48212
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Marissa Harrington

Marissa Harrington

+1(269) 352-5865
$ 115,000
Est. payment | /mo

3 Beds

1 Bath

950 SqFt

Save
$ 115,000
Est. payment | /mo
Save

3 Beds

1 Bath

950 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $121

MLS Listing ID 20261056869

Bedrooms 3

Full Baths 1

Year Built 1962

Annual Tax Amount $2,849

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 42X100

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

This renovated 3-bedroom, 1-bath ranch is currently tenant occupied under an active lease of $1,300 per month ($15,600 annually), offering investors an excellent opportunity to acquire an occupied rental property with long-term upside. Acquired in 2023 and extensively renovated prior to tenant occupancy, the home features updated flooring, fresh paint, an updated kitchen with modern cabinetry and countertops, a renovated bathroom, and numerous interior improvements throughout. The current tenant is in collections for prior rent obligations, with ownership actively pursuing collection efforts while maintaining the existing tenancy. Photos shown were taken prior to the current tenant's occupancy. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Location

State MI

County Wayne

Direction Travel East on Davison, past mound, make a right on Edgeton

Rooms

Basement Slab

Interior

Interior Features Home Warranty

Heating Forced Air

Exterior

View Y/N No

Roof Type Asphalt

Garage No

Building

Story 1

Sewer Public

Water Public

Structure Type Vinyl Siding

Schools

School District Detroit

Others

Tax ID W15I003602C3

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by EXP Realty Main
Marissa Harrington

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 352-5865

broker@bluehorizonrealestate.org

2624 Portage St, Kalamazoo, MI, 49001, USA

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7200 Edgeton Street

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