$109,900 for Sale
17673 teppert street,
detroit,
MI
48234
| Beds 3 | Baths 1 | 1,003 Sqft | 0.10 Acres |
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Property Description
Great Section 8–approved investment opportunity in Detroit's Von Steuben neighborhood, offering immediate and reliable cash flow from day one. This fully renovated ranch is currently tenant-occupied at $1,300/month, providing stable, government-backed rental income with minimal management requirements. The property features durable laminate flooring, fresh interior paint, a modernized kitchen and bathroom, newer windows, and low-maintenance finishes throughout, supporting long-term durability and reduced operating costs. A functional layout, full basement with additional value potential, and detached garage further enhance tenant appeal and overall investment stability. Priced at $110,000 with standard financing terms, this asset delivers strong performance fundamentals and an estimated ~14% ROI with 20% down payment, making it a well-positioned turnkey investment for buyers seeking consistent income and long-term portfolio growth.
General Information
Sale Price: $109,900
Price/SqFt: $110
Status: Active
MLS#: 60973958
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: drennan & seldons lasalle college park 3
Acres: 0.1
Lot Dimen: 35X130
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,003 sq.ft.
Acreage: 0.1 est.
Year Built: 1943
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 11x25
Bedroom 2: 12x10
Bedroom 3: 10x11
Bedroom 4:
Family Room:
Greatroom:
Dining Room: 12x10
Kitchen: 10x9
Livingroom: 16x18
Pole Buildings:
Paved Road: Paved Street
Garage: 1
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation: Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,616
Est. Winter Taxes: $217
HOA fees:
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Listing By: MD Gulsan Ahmed of Amin Realty, Phone: 833-264-6832
