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13918 Terry Street, Detroit, MI 48227

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For Sale

$125,000

3 beds • 2 baths • 2,282 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 1925
    Year built

  • $54.78
    Price per square foot

Explore this Property

Excellent turnkey investment opportunity in Detroit! 13918 Terry St is fully renovated and occupied with a new and vetted tenant paying $1,500 per month. Offered at only $125,000, this property delivers an outstanding 14.4% cap rate from day one. Complete renovation includes new paint, windows, electrical, plumbing, furnace, water heater, kitchen and baths. Do not forget the rare and massive 3 car garage in the oversized backyard. Valid City of Detroit Certificate of Occupancy and Certificate of Compliance on file; property meets all rental standards and is Section 8 eligible. Current tenant is on a market-rate lease; full documentation, lead clearance, and tenant info available upon request. Ideal for hands-off or out-of-state investors seeking immediate cash flow in a strong rental submarket. Do not miss this rare combination of condition, occupancy, and return. Priced for quick sale. BATVAI
MLS# 20251059204

Listed By CENTURY 21 Curran & Oberski
25636 Ford Road, Dearborn Heights, MI 48127

Property Features

  • Garage Count
    3 Car Garage
  • Style
    Other Style

Home seller CENTURY 21 Curran & Oberski

Get to know the neighborhood. A local affiliated CENTURY 21 team will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Curran & Oberski

Maria Lacaria - Lic #: 6501288699
Joseph Rauti - Lic #: 6501457388

(313) 274-7200
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.