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5279 Cadieux RD Detroit, MI 48224
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Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,161 sqft
Price per Sqft $58
Subdivision Vogt Bernard
MLS Listing ID 20261036864
Sold Date 06/15/26
Style Bungalow
Bedrooms 3
Full Baths 2
Year Built 1950
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type SingleFamilyResidence
Property Description
SUBMIT YOUR BEST OFFER! Tenant in place. Income from day one. Future upside built in. This professionally managed brick bungalow in Detroit's sought-after East English Village offers the kind of straightforward investment opportunity investors are actively looking for. Priced at $75,000, this 3-bedroom, 2-bath home with a 1.5-car garage comes with a tenant already in place through April 2027, generating $1,100/month in gross rent with the tenant paying all utilities. The current tenant has occupied the property since 2023, providing immediate stability, while current lease provides immediate income with room for future rental optimization.
Major improvements completed in 2023, including the furnace, hot water heater, and basement waterproofing, help minimize deferred maintenance concerns, while professional management makes ownership transition simple. With established tenancy, strong neighborhood appeal, and immediate income, this is an ideal addition for investors seeking a low-friction portfolio acquisition. Lease, ledger and due diligence documentation available.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features OneandHalfCarGarage, Detached, Driveway
Garage Spaces 1.5
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Block
Sewer Sewer At Street
Water WateratStreet
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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