BEDS5
BATHS2 full
SQUARE FEET1,500
MLS#20261056866
STATUS(Short Sale) - Active
PROPERTY TYPEResidential - Single Family
SUBDIVISIONH A G E R S J O H N A O N E I D A P A R K
SCHOOLDetroit
Property Description
This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied-please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Heating: Forced Air, Natural Gas
Home Style: Bungalow
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 1.5
Taxes: $49
Year Built: 1950
Feature Descriptions
Days on Site: 7
Exterior: Aluminum Siding, Vinyl Siding
Lot Dimensions: 35X120
Parcel#: W21I056005S
Parking: No Garage
Parking Notes: No Garage
Patio/Porch: Covered, Porch
Sewer: Public Sewer
Summer Tax: 30
Water: Public
Winter Tax: 19
Room Sizes
Bedroom: 11 X 11
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: EXP Realty Main
Agency Phone: 8885017085
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 739.76 per month $699.21 Principal & Interest $4.08 Property Tax $36.46 Homeowner's Insurance
4625 Chalmers Street | MLS# 20261056866
This single family home located at 4625 Chalmers Street, Detroit, Mi 48215 is currently listed for sale with an asking price of $125,000. This property was built in 1950 and has 5 bedrooms and 2 full baths with 1500 sq. ft. Chalmers Street is located in the H A G E R S J O H N A O N E I D A P A R K subdivision within the Detroit school district. Search H A G E R S J O H N A O N E I D A P A R K real estate on www.ikeyrealty.com today.