$99,000 for Sale
14819 tacoma, detroit, MI 48205
Beds 3 | Baths 1 | 1,100 Sqft | 0.11 Acres |
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Property Description
A freshly updated investment property in one of Detroit's revitalizing neighborhoods comes with a brand-new lease in place and currently generates 1,300 SECTION 8 per month in rental income, making it an ideal choice for investors seeking strong returns and long-term value. The nearby amenities add considerable appeal for future tenants or buyers. Just 0.3 miles away, Denby High School is easily accessible, and Trix Performance Academy, less than 0.5 miles from the home, is known for serving local students. Nearby parks like Farwell Recreation Center, less than a mile from your doorstep, offer recreational options and contribute to the neighborhood's community feel - an important factor for attracting families or long-term tenants. Convenient shopping and dining options surround Tacoma St. Within a mile, you'll find local favorites such as Lou's Coney Island and Halal Fried Chicken, ensuring residents have diverse food choices close by. Walgreens is just 0.8 miles away, meeting everyday healthcare and pharmacy needs. This proximity to everyday essentials increases the desirability and rentability of the location, helping investors secure consistent occupancy and investment stability. Recently refreshed, the property offers updated living spaces that appeal to quality renters, supporting long-term tenancies. Coupled with a new lease in place at $1,400 per month, this home provides immediate rental income from day one. The neighborhood's resurgence increases its investment potential, and the close proximity to main roadways like Gratiot Avenue ensures easy commutes for residents. This is more than a property - it's a strategic opportunity to capitalize on one of Detroit's most promising markets. The robust local infrastructure, walkable amenities, and strong rental demand make this an appealing addition to any investor's portfolio. Don't miss out on this affordable entry point in a neighborhood poised for growth.
General Information
Sale Price: $99,000
Price/SqFt: $90
Status: Active
MLS#: rcomi60403635
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: daniel sub
Acres: 0.11
Lot Dimensions: 40X116
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,100 sq.ft.
Acreage: 0.11 est.
Year Built: 1947
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 12x11
Bedroom 2 : 10x10
Bedroom 3: 11x10
Bedroom 4:
Family Room:
Greatroom:
Dinning Room: 9x8
Kitchen: 14x12
Livingroom: 11x9
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water at Street
Tax, Fees & Legal
Est. Summer Taxes: $1,081
Est. Winter Taxes: $119
HOA fees:

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Listing By: Rashad Elabed of JNA Real Estate, Phone: 248-648-0484