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8897 Hartwell, Detroit, MI 48228

Detroit
Local realty services provided by:CENTURY 21 Realty North
8897 Hartwell,Detroit, MI 48228
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: anuj chand
Office: keller williams first
MLS#:60994761
Source:MI_REALSOURCE

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Price summary

  • Price:

About this home

Turnkey investment opportunity with immediate income already in place. This updated brick property is currently tenant occupied at $1,400 per month, with a lease secured through October 2026, allowing you to step into cash flow from day one without the time or expense of placing a tenant. At the current rental rate, the property produces $16,800 annually in gross rental income, delivering an attractive rent-to-price ratio of over 15% gross annual return before expenses. With today's DSCR lending environment, the existing rental income positions this property well for investors seeking strong debt-service coverage and cash-flow potential. The home itself has been thoughtfully updated to support long-term tenant satisfaction and minimize future capital expenses. Featuring 3 bedrooms and 1.5 baths, the property offers updated flooring, modern finishes, and a clean neutral interior that continues to attract strong rental demand. The functional layout, the modern updates, and the newer...

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Home facts

  • Year built:1936
  • Subdivision & Development:Robert M Grindleys Sub 5
  • Listing ID #:60994761
  • Added:75 day(s) ago
  • Updated:August 04, 2026 at 07:12 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:7
  • Kitchen Description:On Entry Level
  • Bedroom Description:Bedroom 1 on Second Level, Bedroom 2 on Entry Level, Bedroom 3 on Entry Level
  • Basement Description:Unfinished

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1936
  • Architectural Style:Bungalow
  • Construction Materials:Brick
  • Foundation Description:Basement
  • Levels:1 1/2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:
  • Tax amount:$2,267

Features and amenities

  • Amenities:DSL Available
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