3281 Glendale Street, Detroit, MI 48238

Nestled in the heart of Detroit, Michigan, the single-family residence at 3281 Glendale ST presents a unique opportunity. This property, with its inherent charm, stands ready to be reimagined. The residence includes five bedrooms, providing an abundance of private space. Imagine the possibilities: transform each room into personalized sanctuaries, spaces for creativity, or havens for restful nights. Constructed in 1925, this home carries a legacy within its walls. Consider the stories it holds and the potential it offers to craft your own narrative within its structure. This property is tenant-occupied at $1,990 per month, generating nearly $24,000 annually in rental income. At the $230,000 asking price, that’s a 10.4% gross ROI—a strong return and immediate cash flow opportunity for investors. Located just one block east of the highly desirable Russell Woods neighborhood, this property combines updates, income, and location—making it a smart addition to any rental portfolio. Do … read more …