Residential in Detroit

$284,900

120 Woodland, 48202, Detroit, MI

Residential for sale in Detroit, 120 Woodland, 48202, 2318 m²

120 Woodland, 48202, Detroit, MI

$284,900

5Bed
4Bath
2318
Type: Residential

Description

ATTENTION INVESTORS! Turnkey, income-producing opportunity at 120 Woodland Street, Detroit, MI! This beautifully remodeled 3-level property is professionally appraised at $315, 000 and comes with a reliable tenant already in place paying $2, 600 per month on a 12-month lease. The tenant has a strong history of paying rent on time, providing immediate cash flow of $31, 200 in gross annual rental income from day one. Offering 2318 sq ft, this spacious home features 5 bedrooms, 2.5 updated bathrooms, new flooring, modern finishes, and a beautifully renovated kitchen with granite countertops, stylish cabinetry, and newer appliances. The partially finished basement provides additional usable space, while the oversized backyard adds even more tenant appeal. Ideally located just minutes from New Center and approximately 10 minutes from Downtown Detroit, with convenient access to restaurants, shopping, entertainment, major employers, and freeways. Whether you're expanding an existing port

Location

120 Woodland, 48202, Detroit, MI

Data

Object TypeResidential
Purchase Price$284,900
Living Space2318 m²
Plot Size485.6 m²
Bathrooms4
Construction Year1908
ConditionNot specified
Rooms12

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1908
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent