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$74,999

16135 Cherrylawn Street – 48221

Detroit, Michigan 48221

3 Beds

1 Baths

816 Sq FT

$91.91 Price per Sq Ft

Highlights

NoGarage

About This Home

Looking for a well-maintained, income-producing rental in one of Detroit’s most promising neighborhoods? This 3-bedroom bungalow in Fitzgerald is tenant-occupied and ready to generate income from day one. The long-term tenant, currently on a month-to-month lease, will begin paying $1,200/month starting August 1st—and covers their own gas, electric, and water utilities. Ideally located near major freeways (M-10, I-75, I-96, and 8 Mile) and just seconds from University of Detroit Mercy, this property is a solid addition to any seasoned investor’s portfolio—or a smart first purchase for a new landlord. Please do not disturb the tenant’s quiet enjoyment. Act fast—this opportunity won’t last! Property can also be sold as part of a package deal with 20443 Ilene and 20235 Ferguson for $220,000.

Listing Agent

Lauren Woodson

Berkshire Hathaway HomeServices The Loft Warehouse

Listed on : July 28, 2025

Activity

Days on Market:

287

Home Details

Home Type

  • Residential

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 1952

Lot Details

  • 0.1 Acre Lot
  • Lot Dimensions are 35X123

Parking

  • NoGarage

Home Design

Interior Spaces

  • 816 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: 48221

Utilities

  • ForcedAir, NaturalGas
  • CeilingFans
  • Water Source: Public
  • Sewer: PublicSewer

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.

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Own It Realty

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