$137,500
3
Beds
2
Baths
1,030
SqFt
0.11
Acre Lot
4,792
Sqft Lot
Status
Active
Property Type
Single Family Residence
Price Type
Year Built
1943
Neighborhood
Days on Website
162
Property Map
$137,500 – 12935 Payton Street, Detroit, MI 48224
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! Rented, meeting all Section 8 standards, and a ROI of 12.03%. Property features a 3 bedroom 2 bathroom, Section 8 tenant on a yearly lease with a rent of $1,650/month. Seller has other similar properties for sale. Please submit your offer to ryeh@3dxrealestate.com with POF/Preapproval Letter. Seller and agent are related.
Property Details and Features
Basement
- Basement: “Michigan Basement”
Bathrooms
- 2 full bathrooms
- 2 total bathrooms
Bedrooms
- 3 total bedrooms
Building
- Building Area Total: 1,030
- Construction Materials: “Brick”
- Living Area: 1,030
- Year Built: 1943
- 2 stories
Garage
- Garage Included
- 1 garage space
Heating
- Heating: “Forced Air”
- Heating Included
Laundry
- Features: “Gas Dryer Hookup”, “In Basement”, “Sink”, “Washer Hookup”
Listing
- Listing Contract Date: 2025-03-08
- Listing Id: 25008595
- Listing Terms: “Cash”, “FHA”, “VA Loan”, “Conventional”
- Mls Status: Active
- Modification Timestamp: 2025-08-18 02:07:58
- On Market Date: 2025-07-15
- Price Change Timestamp: 2025-08-18 02:07:26
- Standard Status: Active
- Status Change Timestamp: 2025-07-15 20:06:05
- 141 days on market
Location
- City: Detroit
- State Or Province: MI
- County Or Parish: Wayne
- Postal Code: 48224
- MLS Area Major: Wayne County – 100
- MLS Area Minor: Wayne County – 100
Lot
- 0.11 acres
- Area: 0.11
- Dimensions: 42.00 x 115.00
- 4,792 square feet
Parking
- Features: “Detached”
Property
- Parcel Number: 21057503
- Property Sub Type: Single Family Residence
Additional Rooms
- Rooms Total: 7
Schools
- Middle Or Junior School District: Detroit
Sewer
- Sewer: “Public”
Taxes
- Annual Amount: $2,118
- Tax Year: 2024
Utilities
- Water Source: “Public”