19930 Biltmore ST Detroit, MI 48235
3 Beds
2 Baths
1,025 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,025 sqft
Price per Sqft $82
Subdivision Madison Park
MLS Listing ID 20261084543
Style Cape Cod
Bedrooms 3
Full Baths 2
Year Built 1950
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type SingleFamilyResidence
Property Description
Excellent opportunity to acquire an income-producing property with a reliable tenant already in place paying $1,000 per month. For investors looking to add immediate cash flow to their portfolio without starting from vacancy, this property offers a strong combination of existing income, tenant stability, and long-term upside.
The home provides a functional layout and solid rental appeal, making it well suited for a buy-and-hold strategy. With an established paying tenant in place, the next owner can step into an operating rental from day one and avoid the initial leasing, turnover, and vacancy period that often comes with acquiring investment property.
The location adds to the investment value. Convenient access to major Detroit roadways, shopping, restaurants, schools, parks, employment centers, and everyday amenities helps support continued rental demand and long-term tenant appeal. This makes the property an attractive option for investors focused on dependable cash flow and portfolio growth.
Whether you're purchasing your first rental or expanding an existing portfolio, this property offers a straightforward opportunity to acquire a stabilized asset with income already being generated.
Currently rented for $1,000 per month with a good-paying tenant in place. DO NOT DISTURB TENANT. Showings by confirmed appointment only.
Novation: Buyer has equitable interest in the property and is marketing the property with the owner's authorization in order to locate a new buyer. BTVAI: Buyer to verify all information on listing.
Location
State MI
County Wayne
Area Area05032Det6To8Grnfldtolimits
Rooms
Basement Partially Finished
Entry Level, 8 X 6 BathFull
Second Level, 11 X 10 Bedroom
Entry Level, 15 X 13 LivingRoom
Second Level, 10 X 10 Bedroom
Entry Level, 8 X 6 BathFull
Entry Level, 12 X 11 Bedroom
Entry Level, 12 X 10 Kitchen
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features NoGarage
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
