MI > Detroit > Inglewood Park 5
Detroit, MI 48235,16550 Freeland ST
Detroit, MI 48235,16550 Freeland ST
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Matthew Stransky

Matthew Stransky

+1(248) 765-8788
$145,000
Est. payment /mo
3 Beds
1 Bath
1,150 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,150 sqft

Price per Sqft $126

Subdivision Inglewood Park 5

MLS Listing ID 20251006293

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1941

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type SingleFamilyResidence

Property Description

This one is for investors! Section 8 occupied at $1300/m. This deal is ideal for an investor seeking stability, cash flow, and low management overhead. It qualifies for conventional and DSCR financing. Whether you're scaling a local portfolio or investing from out of state, this deal offers the kind of hands-off income most investors are looking for in the Detroit market. You will cash flow from day 1. Freeland St is located in a very desirable area. Brick bungalow with 3 bedrooms, a full basement and a detached garage. Owner also has 2 other tenant occupied properties for sale. Addresses include: 9117 Brace ($1,200/mo rent) and 20201 Grandville ($1,600/mo rent). Total rent: $4,100/month or $49,200/year. All properties are fully leased, tenant-paid utilities, and in turnkey condition. Contact listing agent for rent roll, leases, and additional info.

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Full, Unfinished

Interior

Heating ForcedAir, NaturalGas

Exterior

Parking Features OneCarGarage, Detached

Garage Spaces 1.0

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Poured

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Anuj Chand of Keller Williams First

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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16550 Freeland ST

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