$125,000 for Sale
4625 chalmers street,
detroit,
MI
48215
| Beds 5 | Baths 2 | 1,500 Sqft | 0.10 Acres |
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Property Description
This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.
General Information
Sale Price: $125,000
Price/SqFt: $83
Status: Active
MLS#: 20261056866
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: hagers john a oneida park
Acres: 0.1
Lot Dimen: 35X120
Bedrooms:5
Bathrooms:2 (2 full, 0 half)
House Size: 1,500 sq.ft.
Acreage: 0.1 est.
Year Built: 1950
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: No Garage
Construction: Aluminum,Vinyl
Exterior: Aluminum,Vinyl
Basement: Yes
Basement Description: Unfinished
Foundation: Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $30
Est. Winter Taxes: $19
Legal Description: W CHALMERS 131 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATS, W C R 21/441 35 X 120

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