Detroit, MI 48235,17365 Meyers Road
Detroit, MI 48235,17365 Meyers Road
Detroit, MI 48235,17365 Meyers Road
Detroit, MI 48235,17365 Meyers Road
Detroit, MI 48235,17365 Meyers Road
Detroit, MI 48235,17365 Meyers Road
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$ 59,900
Est. payment | /mo

2 Beds

1 Bath

942 SqFt


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$ 59,900
Est. payment | /mo
Save

2 Beds

1 Bath

942 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 942 sqft

Price per Sqft $63

MLS Listing ID 20251034125

Bedrooms 2

Full Baths 1

Year Built 1948

Annual Tax Amount $3,165

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 27X100

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Cash flow from DAY ONE with this 2-bedroom, 1-bathroom half-duplex in Northwest Detroit. You'll inherit a stable, long-term tenant of 6+ years, making this the ultimate "set it and forget it" investment property with immediate income potential. This property eliminates the major maintenance headaches that scare away new investors. Extensively updated in 2019 with newer windows, furnace, hot water heater, electrical panel, fresh paint, plus an updated kitchen and bathroom, you're buying into systems that work. While the property could benefit from new flooring and minor cosmetic updates, these are optional improvements that can be tackled over time or factored into future rent increases. Location is everything in real estate, and this property delivers. Situated directly across from a brand new $30 million, 105-unit affordable senior living community nearing completion, you're investing in a neighborhood with serious institutional backing. Add in the fact the property is within a 5-minute walk of the Northwest Activity Center - a vibrant community hub offering activities for all ages - and you have the makings of a stable, desirable area. Whether you're a first-time investor seeking low-maintenance, cash-positive properties or a seasoned investor expanding your portfolio with a proven performer, this property delivers immediate cash flow, growth potential, and peace of mind. With a reliable tenant, recent major system upgrades, and a neighborhood on the rise, don't let this rare combination of stability and upside slip away.

Location

State MI

County Wayne

Area Wayne County - 100

Direction North of W McNichols Rd

Interior

Heating Forced Air

Exterior

Exterior Feature Fenced Back

View Y/N No

Garage No

Building

Story 2

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I020147S

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by RE/MAX City Centre
Crystal Powers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(734) 765-7300

realtorcpowers@gmail.com

2750 S State St, Ann Arbor, MI, 48104, USA

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17365 Meyers Road