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16514 Burt, Detroit, MI 48219

Detroit
Local realty services provided by:CENTURY 21 Northland
16514 Burt,Detroit, MI 48219
$79,900
  • 3 Beds
  • 1 Baths
  • 858 sq. ft.
  • Single family
  • Active
Listed by: yasir abulaban
Office: own it realty
MLS#:61018720
Source:MI_REALSOURCE

Price summary

  • Price:$79,900
  • Price per sq. ft.:$93.12

About this home

FULLY TENANT-OCCUPIED SECTION-8 INVESTMENT PROPERTY RENTED AT $905/MONTH -- BELOW MARKET VALUE -- WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE. LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET. WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT'S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT....

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Home facts

  • Year built:1942
  • Subdivision & Development:Grand River Suburban
  • Listing ID #:61018720
  • Added:83 day(s) ago
  • Updated:October 29, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:7
  • Dining Description:On Entry Level
  • Kitchen Description:On Entry Level
  • Bedroom Description:Bedroom 1 on Entry Level, Bedroom 2 on Entry Level, Bedroom 3 on Entry Level
  • Basement Description:Unfinished
  • Living area:858 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1942
  • Building area:858 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Brick
  • Foundation Description:Basement
  • Levels:1 1/2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$79,900
  • Price per sq. ft.:$93.12
  • Tax amount:$1,309

Parking

  • Parking description:Detached Garage
  • Garage spaces:2
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