3 Beds
$59,999
3 Beds
1 Baths
1480 Sq FT
$40.54 Price per Sq Ft
Strong Section 8 rental opportunity with stability already in place. This brick 3-bedroom home is tenant occupied by a long-term Section 8 tenant who is current on payments and wants to stay, offering investors immediate income and a lower-hassle transition after closing. The home has been well cared for and is kept clean by the tenant, which is exactly what investors want to see in an occupied rental. Major ownership items are already in solid position, including a good-condition roof, updated electrical, updated hot water heater, and a functioning furnace. These updates help reduce near-term capital concerns and support a more predictable hold. The home also includes a 1-car garage and partially finished basement, adding extra functionality, storage, and tenant appeal. Brick construction, a clean long-term tenant, and existing Section 8 payments make this a practical buy-and-hold option for investors seeking stability, affordability, and future rent growth. For investors looking for an occupied Detroit rental with income in place and upside ahead, this one is worth a serious look. Please do not disturb the tenant.
Joseph Walter Realty, LLC
Listed on : May 27, 2026
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Hassan Scheib
Own It Realty
Contact Hassan
As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.