5279 Cadieux RD, Detroit, MI 48224
5279 Cadieux RD, Detroit, MI 48224
5279 Cadieux RD, Detroit, MI 48224
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$85,000
Est. payment /mo
3 Beds
2 Baths
1,161 SqFt
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Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,161 sqft

Price per Sqft $73

Subdivision Vogt Bernard

MLS Listing ID 20261036864

Style Bungalow

Bedrooms 3

Full Baths 2

Year Built 1950

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type SingleFamilyResidence

Property Description

Tenant in place. Income from day one. Future upside built in. This professionally managed brick bungalow in Detroit's sought-after East English Village offers the kind of straightforward investment opportunity investors are actively looking for. Priced at $85,000, this 3-bedroom, 2-bath home with a 1.5-car garage comes with a tenant already in place through April 2027, generating $1,100/month in gross rent with the tenant paying all utilities. The current tenant has occupied the property since 2023, providing immediate stability, while current lease provides immediate income with room for future rental optimization.
Major improvements completed in 2023, including the furnace, hot water heater, and basement waterproofing, help minimize deferred maintenance concerns, while professional management makes ownership transition simple. With established tenancy, strong neighborhood appeal, and immediate income, this is an ideal addition for investors seeking a low-friction portfolio acquisition. Lease, ledger and due diligence documentation available.

Location

State MI

County Wayne

Area Area05055Detconmorsgrathstn7Mack

Rooms

Basement Unfinished

Entry Level, 24 X 11 PrimaryBedroom

Entry Level, 22 X 13 LivingRoom

Basement Level, 3 X 9 BathFull

Entry Level, 11 X 9 Kitchen

Entry Level, 12 X 9 Bedroom

Entry Level, 12 X 9 DiningRoom

Entry Level, 9 X 7 BathFull

Entry Level, 11 X 12 Bedroom

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features OneandHalfCarGarage, Detached, Driveway

Garage Spaces 1.5

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Block

Sewer Sewer At Street

Water WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard


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Realcomp MLS
Listed by Gentraia Brown of REMAX City Centre

NEARBY SCHOOL & BUSINESS

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Randy Hambright

Randy Hambright

License ID: 3​8​3​1​4​0

+1(586) 615-1895

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5279 Cadieux RD