16175 FERGUSON Street

16175 FERGUSON Street

Detroit, Michigan 48235

3 Beds | 1.00 Baths | 898 sq.ft. | Built 1948 | Residential

Sold $34,900

***HIGHEST AND BEST OFFERS DUE BY NOON ON TUESDAY 6/6***** 3 bedroom, brick bungalow featuring a formal dining room and fireplace in the living room. Tenants are also attracted to the basement and detached 2 car garage when renting this leased and performing investment property, currently generating $750 monthly. This brings an NOI of $5,711 after taxes, management and insurance. That's an ROI of 16.36%. Tenant occupied - Do not contact tenant. Occupancy availability subject to lease terms. Interior inspection upon accepted offer.

Essential Information

MLS#217040276 | Neighborhood: B E TAYLORS RAINBOW SUB ( PLATS) | School District: Detroit | County: Wayne

Property Features

Architecture: 1 1/2 Story | Cooling: Ceiling Fan | Heating: Forced Air | Exterior Features: Fenced,Outside Lighting | Fireplace: Yes | Garage: Yes | #Garage/Parking Spaces: 2 Car | Interior Features: Cable Available | Sewer: Sewer-Sanitary | Directions: South of Outer Drive and East of Southfield Freeway

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