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20201 GRANDVILLE Avenue, Detroit, MI 48219

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For Sale

$185,000

3 beds • 1 baths • 1,010 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $183.17
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

This one is for investors! Tenant occupied at $1600/m. This deal is ideal for an investor seeking stability, cash flow, and low management overhead. It qualifies for conventional and DSCR financing. Whether you re scaling a local portfolio or investing from out of state, this deal offers the kind of hands-off income most investors are looking for in the Detroit market. You will cash flow from day 1. Grandville is a newly remodeled brick ranch. Everything has been updated to 2025 modern standards prior to tenant move in. Huge living room with brand new floors, fresh paint and a large window which lets in tons of natural sunlight. Brand new kitchen complete with new granite countertops, sleek white cabinets, new floors and new backsplash. Fully updated bathroom with matching accents. All 3 spacious bedrooms have new floors, new doors and fresh paint. The basement is super clean and comes with a brand new furnace and hot water heater. Other major updates include all new windows, plumbing, and electrical. Ranch sits on a corner lot directly next to a wonderful park. Owner also has 2 other tenant occupied properties for sale. Addresses include: 19775 Burgess ($1,700/mo rent), 20201 Grandville ($1,600/mo rent), and 16550 Freeland ($1,300/mo rent, Section 8). Total rent: $4,600/month or $55,200/year. All properties are fully leased, tenant-paid utilities, and in turnkey condition. Contact listing agent for rent roll, leases, and additional info.
MLS# 20251006289

Courtesy Of East Central, LLC
10785 S. Saginaw St., Grand Blanc, MI 48439
(248) 846-3246

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Ranch
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.14 Acres
  • Rooms
    Basement

Map and Directions

Directions to 20201 GRANDVILLE Avenue, Detroit, MI 48219

Home seller CENTURY 21 Curran & Oberski

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Curran & Oberski

(248) 264-1700
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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