5981 University Place new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224 1375
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 964 sqft
Price per Sqft $97
Subdivision Lodewyck 1
MLS Listing ID 60914763
Style 1 1/2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 964
Year Built 1948
Annual Tax Amount $2,954
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40X133.38
Property Sub-Type Single Family
Property Description
Great investment opportunity at 5981 University Pl, Detroit, MI! This tenant-occupied home, currently on Section?8, generates $995/month in steady rental income and offers solid long-term potential. Inside, you'll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. Located in a well-connected Detroit neighborhood close to schools, parks, shopping, and public transportation, it's perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. Showings by appointment only with accepted offer. Buyer's agent to verify all information.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Garage Yes
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional