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8897 Hartwell Street, Detroit, MI 48228

Detroit
Local realty services provided by:CENTURY 21 Dynamic Realty
8897 Hartwell Street,Detroit, MI 48228
$110,000
  • 3 Beds
  • 2 Baths
  • 1,080 sq. ft.
  • Single family
  • Active
Listed by: anuj chand
Office: keller williams first
MLS#:20261036769
Source:MI_REALCOMP

Price summary

  • Price:$110,000
  • Price per sq. ft.:$101.85

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
  • Listing ID #:20261036769
  • Added:25 day(s) ago
  • Updated:June 15, 2026 at 10:03 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:5
  • Basement Description:Full, Unfinished
  • Living area:1,080 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1936
  • Building area:1,080 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Brick
  • Foundation Description:Basement, Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$110,000
  • Price per sq. ft.:$101.85
  • Tax amount:$2,267

Features and amenities

  • Amenities:High Speed Internet

Parking

  • Parking description:No Garage
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