BEDS3
BATHS1 full 1 partial
SQUARE FEET1,000
MLS#20261034802
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMortensons Grand River
SCHOOLDetroit
Property Description
Excellent investment opportunity at 17344 Salem in Detroit! This well-maintained 3-bedroom, 1.5-bath bungalow is tenant-occupied with a long-term, reliable tenant who has been in the property for over 10 years and is signing a new lease at $1,300 per month, making this a strong turnkey addition to any investor’s portfolio. The home features an updated kitchen and full bathroom, plenty of natural light throughout, and a full basement with updated plumbing. Major improvements include a newer roof replaced within the last few years, helping provide peace of mind for future ownership. Outside, you’ll find a large backyard along with a detached two-car garage. The property previously appraised for $120,000 just a couple of years ago, adding to the overall value and upside potential. Whether you are a seasoned investor or looking to start your rental portfolio, this income-producing property is a great low maintenance option!
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.20 Acres
Year Built: 1944
Feature Descriptions
Architecture: Bungalow
Days on Site: 5
Exterior: Aluminum
Foundation: Basement
Frontage Feet: 50
Garage/Parking: Detached
Lot Dimensions: 0.20 Acre(s)
Parking Notes: Detached
Road Frontage: Paved
Summer Tax: $1243.0000
Winter Tax: $752.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Keller Williams Somerset
Agency Phone: (248) 649-7200
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 587.95 per month $558.81 Principal & Interest $0.00 Property Tax (data not provided by mls) $29.14 Homeowner's Insurance
17344 Salem Street | MLS# 20261034802
This single family home located at 17344 Salem Street, Detroit, MI 48219 is currently listed for sale with an asking price of $99,900. This property was built in 1944 and has 3 bedrooms and 1 full and 1 partial baths with 1000 sq. ft. Salem Street is located in the Mortensons Grand River subdivision within the Detroit school district. Search Mortensons Grand River real estate on www.ikeyrealty.com today.