$169,900 for Sale
3031 lawrence street, detroit, MI 48206
| Beds 3 | Baths 1 | 1,964 Sqft | 0.10 Acres |
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Property Description
SECTION 8 TENANT PAYING $1,424/MONTH! THIS DETROIT BRICK HOME HAS BEEN SIGNIFICANTLY UPDATED — INCLUDING NEWER ROOF, MECHANICALS, PLUMBING, AND ELECTRICAL. PRICED AT $184,900 WITH AN ARV OF $260K+, THIS PROPERTY IS A PRIME BUY-AND-HOLD PLAY WITH HIGH FLIP POTENTIAL. WITH STANDARD INVESTOR FINANCING, IT DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN WHILE BUILDING EQUITY OVER TIME. ENJOY GUARANTEED RENTAL INCOME TODAY AND A HIGH-RETURN EXIT STRATEGY TOMORROW. LOCATED IN A STABLE, HIGH-DEMAND RENTAL POCKET. PROFESSIONALLY MANAGED. LOW MAINTENANCE. HIGH UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
General Information
Sale Price: $169,900
Price/SqFt: $87
Status: Active
MLS#: 20251023585
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: j w lathrups lawrence & collingwood aves
Acres: 0.1
Lot Dimensions: 35X127.25
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,964 sq.ft.
Acreage: 0.1 est.
Year Built: 1923
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom: 11 X 10
Bedroom: 12 X 10
Bedroom - Primary: 12 X 14
Bath - Full: 5 X 8
Kitchen: 12 X 12
Living Room: 12 X 16
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,067
Est. Winter Taxes: $650
Legal Description: S LAWRENCE 104 J W LATHRUPS LAWRENCE & COLLINGWOOD AVES SUB L33 P9 PLATS, W C R 12/193 35 X 127.25
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Yasir Abulaban of Own It Realty, Phone: (313) 395-0000
