551 Englewood Street, Detroit, MI 48202
Local realty services provided by:CENTURY 21 Metro Brokers
551 Englewood Street,Detroit, MI 48202
$250,000
- 4 Beds
- 3 Baths
- 1,912 sq. ft.
- Single family
- Active
Listed by: jay naim, fadi dabaja
Office: exp realty main
MLS#:20261056877
Source:MI_REALCOMP
Price summary
- Price:$250,000
- Price per sq. ft.:$130.75
About this home
This extensively renovated 4-bedroom, 2.5-bath Colonial is currently tenant occupied under an active lease of $2,100 per month ($25,200 annually), offering investors an exceptional opportunity to acquire a high-quality investment property. The property underwent a comprehensive renovation in 2025 featuring a beautifully updated chef's kitchen, remodeled bathrooms, luxury flooring, recessed lighting, new siding, new windows, a new roof, a two-zone furnace system, and numerous additional improvements throughout. Offering approximately 1,712 square feet above grade plus a partially finished basement, this well-appointed home combines excellent long-term investment potential with a prime location just minutes from Midtown and Downtown Detroit. The current tenant is on an agreed-upon repayment plan for prior rent arrearages, with ownership actively collecting under the terms of that agreement. 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....
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Home facts
- Year built:1912
- Subdivision & Development:HUNT & LEGGETTS SUB S 1/2 OF N 1/2 OF 1/4 SEC 24
- Listing ID #:20261056877
- Added:48 day(s) ago
- Updated:September 14, 2026 at 10:01 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Rooms Total:4
- Basement Description:Partially Finished
- Living area:1,912 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1912
- Building area:1,912 sq. ft.
- Lot area:0.09 Acres
- Architectural Style:Colonial
- Construction Materials:Vinyl Siding
- Exterior Features:Covered, Porch
- Foundation Description:Basement, Brick Mortar
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$130.75
- Tax amount:$1,756
Parking
- Parking description:No Garage
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