$113,000
2
Beds
1
Bath
722
SqFt
0.08
Acre Lot
3,485
Sqft Lot
Status
Active
Property Type
Single Family Residence
Price Type
Year Built
1949
Neighborhood
Days on Website
270
Property Map
$113,000 – 9129 Forrer Street, Detroit, MI 48228
Street View
Courtesy of 3DX Real Estate, LLC, Roxana Yeh.
Description
Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.12%. Property features a 2 bedroom 1 bathroom, Section 8 tenant on a yearly lease with a rent of $1,200/month. Seller has other similar properties for sale. Please submit your offers to ryeh@3dxrealestate.com with POF/Preapproval Letter. Seller and agent are related.
Property Details and Features
Basement
- Basement: “Michigan Basement”
Bathrooms
- 1 full bathroom
- 1 total bathroom
Bedrooms
- 2 total bedrooms
Building
- Architectural Style: “Colonial”
- Building Area Total: 722
- Construction Materials: “Aluminum Siding”
- Living Area: 722
- Year Built: 1949
- 1 story
Heating
- Heating: “Forced Air”
- Heating Included
Laundry
- Features: “Gas Dryer Hookup”, “Sink”, “Washer Hookup”
Listing
- Listing Contract Date: 2024-11-19
- Listing Id: 24060159
- Listing Terms: “Cash”, “FHA”, “VA Loan”, “Conventional”
- Mls Status: Active
- Modification Timestamp: 2025-08-16 15:51:51
- On Market Date: 2025-07-15
- Price Change Timestamp: 2025-05-17 13:47:53
- Standard Status: Active
- Status Change Timestamp: 2025-07-15 20:08:29
- 249 days on market
Location
- City: Detroit
- State Or Province: MI
- County Or Parish: Wayne
- Postal Code: 48228
- MLS Area Major: Wayne County – 100
- MLS Area Minor: Wayne County – 100
Lot
- 0.08 acres
- Area: 0.08
- Dimensions: 35.00 x 100.00
- 3,485 square feet
Property
- Parcel Number: W22I054737S
- Property Sub Type: Single Family Residence
Additional Rooms
- Rooms Total: 5
Schools
- Middle Or Junior School District: Detroit
Sewer
- Sewer: “Public”
Taxes
- Annual Amount: $491
- Tax Year: 2024
Utilities
- Water Source: “Public”