Residential in Detroit

$235,000

343 Elmhurst, 48203, Detroit, MI

Residential for sale in Detroit, 343 Elmhurst, 48203, 2442 m²

343 Elmhurst, 48203, Detroit, MI

$235,000

5Bed
2Bath
2442
Type: Residential

Description

This extensively renovated 5-bedroom, 2-bath Colonial is currently tenant occupied with a lease generating $2, 100 per month ($25, 200 annually), providing immediate rental income from day one. Acquired in 2023 and fully renovated prior to tenant occupancy, the property features updated flooring, fresh paint, a modernized kitchen, renovated bathrooms, newer windows, updated electrical and plumbing, a newer roof, and numerous additional improvements throughout. Offering approximately 2, 442 square feet of living space, spacious room sizes, and a versatile floor plan, this property presents an outstanding opportunity for investors seeking a quality, low-maintenance asset with strong long-term appreciation potential. Photos taken prior to tenant occupancy are available upon verification of proof of funds. 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.

Location

343 Elmhurst, 48203, Detroit, MI

Data

Object TypeResidential
Purchase Price$235,000
Living Space2442 m²
Plot Size445.15 m²
Bathrooms2
Construction Year1916
ConditionNot specified
Rooms5

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1916
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent