BEDS3
BATHS1 full
SQUARE FEET1,365
MLS#20261035652
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONB E Taylors Middlepoint Sub
SCHOOLDetroit
Property Description
Turnkey investment opportunity in Detroit! 9242 Meyers Rd is a tenant-occupied 3-bedroom, 1-bath bungalow offering immediate cash flow and strong rental potential. Featuring a functional single-family layout with solid investment appeal, this property is ideal for investors looking to add a performing asset to their portfolio. Currently generating income with an estimated 13% cap rate, making this an excellent opportunity for both seasoned and new investors. Conveniently located near major roads, shopping, schools, and local amenities. Tenant occupied — please do not disturb tenant. Showings available with accepted offer or approved access only.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Garage: 1
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.10 Acres
Year Built: 1925
Feature Descriptions
Architecture: Bungalow
Days on Site: 3
Deposit: $60000.00
Exterior: Aluminum
Foundation: Basement
Frontage Feet: 35
Garage/Parking: Detached
Lot Dimensions: 0.10 Acre(s)
Parking Notes: Detached
Road Frontage: Paved
Summer Tax: $3634.0000
Winter Tax: $1500.0000
Room Sizes
Bath - Full: Level - First/Entry
Bedroom: Level - First/Entry
Bedroom: Level - First/Entry
Bedroom: Level - Second
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Sonic Realty LLC
Agency Phone: (313) 484-4696
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 647.39 per month $615.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $32.08 Homeowner's Insurance
9242 Meyers Road | MLS# 20261035652
This single family home located at 9242 Meyers Road, Detroit, MI 48228 is currently listed for sale with an asking price of $110,000. This property was built in 1925 and has 3 bedrooms and 1 full baths with 1365 sq. ft. Meyers Road is located in the B E Taylors Middlepoint Sub subdivision within the Detroit school district. Search B E Taylors Middlepoint Sub real estate on www.ikeyrealty.com today.