$149,999 for Sale
15860 cruse street,
detroit,
MI
48227
| Beds 4 | Baths 2 | 1,011 Sqft | 0.10 Acres |
|
1 of 13 |
Property Description
Excellent Investment Opportunity with Immediate Rental Income! Welcome to this well-maintained 4-bedroom, 1.5-bath brick bungalow offering the perfect combination of immediate cash flow and long-term appreciation potential. Currently occupied by a long-term agency tenant, this property presents an outstanding opportunity for investors seeking a stable, income-producing asset in Detroit's strong rental market. Inside, you'll find a bright and functional floor plan featuring spacious living areas, generously sized bedrooms, and tasteful updates throughout. The unfinished basement provides abundant storage space and offers future potential for additional finished living space, a recreation room, or workshop. Constructed with durable brick, the home also features a detached one-car garage and a generous backyard, providing amenities that contribute to long-term tenant satisfaction and retention. Whether you're looking to expand your rental portfolio, complete a 1031 exchange, or invest in a property with proven rental history, this home checks all the boxes. Conveniently located near schools, parks, shopping, dining, public transportation, and major freeways, the location continues to support strong rental demand and long-term value. Don't miss this opportunity to acquire a well-maintained, income-producing property with immediate rental income already in place. Schedule your private showing today!
General Information
Sale Price: $149,999
Price/SqFt: $148
Status: Active
MLS#: 20261053522
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.1
Lot Dimen: 35X121
Bedrooms:4
Bathrooms:2 (1 full, 1 half)
House Size: 1,011 sq.ft.
Acreage: 0.1 est.
Year Built: 1939
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dining Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 1 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation: Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $2,662
Est. Winter Taxes: $304
Legal Description: E CRUSE 12 & W 8 FT OF VAC ALLEY ADJ PURITAN UNIVERSITY SUB L49 P39 PLATS, W C R 22/148 35 X 122

IDX provided courtesy of Realcomp II Ltd. via Heritage Real Estate Michigan and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders
Listing By: Adrienne Ponce of EXP Realty Main, Phone: (888) 501-7085