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$120,000

15514 Griggs Street – 48238

Detroit, Michigan 48238

Bethune Community Neighborhood

3 Beds

1 Baths

2366 Sq FT

$50.72 Price per Sq Ft

Highlights

TwoCarGarageDetached

About This Home

Attention Investors: Don't miss this opportunity to add this property to your portfolio! With a CAP rate slightly above 9% (excluding mortgage payments), this property is highly attractive. Located just steps from the M10, this home features 1,565 sqft of living space on a 3,789 sqft lot. The property boasts three spacious bedrooms on the upper level, plus the potential of fourth bedroom on the main floor. It also includes a spacious living room, dining room, kitchen, a partially finished basement, a two-car garage, and a backyard. Don't let this magnificent opportunity to make it yours!. The current tenant has lived in the home for five years, always paying on time; starting in June, they will be paying a monthly rent of $1,100.00, and they are interested in continuing to rent the property. Do not miss out on this excellent business opportunity. Schedule your showing today. B.A.T.V.A.I.

Listing Agent

Jesus Coronado

EXP Realty Main

Listed on : April 21, 2026

Activity

Days on Market:

64

Home Details

Home Type

  • Residential

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1938

Lot Details

  • 0.09 Acre Lot
  • Lot Dimensions are 35X108

Parking

  • TwoCarGarage
  • Detached

Home Design

Interior Spaces

  • 2,366 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48238

Utilities

  • ForcedAir, NaturalGas
  • Water Source: Public, WateratStreet
  • Sewer: PublicSewer, SewerAtStreet

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact 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.

Map

About Bethune Community

Bethune Community Learn More About Bethune Community
Own It Realty

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