5279 Cadieux Road, Detroit, MI 48224
5279 Cadieux Road, Detroit, MI 48224
5279 Cadieux Road, Detroit, MI 48224
5279 Cadieux Road, Detroit, MI 48224
5279 Cadieux Road, Detroit, MI 48224
5279 Cadieux Road, Detroit, MI 48224
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Salvatore Palazzolo

Salvatore Palazzolo

+1(248) 927-8521
$ 75,000
Est. payment | /mo

3 Beds

2 Baths

1,161 SqFt

Save
$ 75,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,161 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,161 sqft

Price per Sqft $64

MLS Listing ID 20261036864

Bedrooms 3

Full Baths 2

Year Built 1950

Annual Tax Amount $1,565

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X111

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

SUBMIT YOUR BEST OFFER! 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 $75,000, 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

Direction East of Chandler Park Dr, on Cadieux near Southampton St

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 1.5

View Y/N No

Garage Yes

Building

Story 2

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I075279C80

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by REMAX City Centre
Salvatore Palazzolo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 927-8521

salpalazzolo@icloud.com

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5279 Cadieux Road