$89,900 for Sale
16191 ferguson, detroit, MI 48235
| Beds 3 | Baths 1 | 1,071 Sqft | 0.10 Acres |
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Property Description
Classic charm meets reliable investment potential in this solid 1947 brick home located at 16191 Ferguson St. Currently leased to a dependable Section 8 tenant at $1,100/month - with consistent, on-time payments and strong potential for increased market rent - this property offers immediate cash flow for investors. The home features a practical 3-bedroom, 1-bath layout with a warm and inviting fireplace, forced-air heating, and a partially finished basement perfect for additional living space, a home office, or gym. Additional highlights include an attached garage, fenced backyard for privacy, and a desirable location in Detroit's Crary neighborhood, just minutes from Grand River Avenue and major freeways. While formal renovation records are limited, the home includes durable brick construction, an asphalt roof reportedly in good condition, working kitchen appliances (included in the sale), and a finished basement section. Ideal for both owner-occupants and savvy investors looking for a turnkey opportunity with value-add potential.
General Information
Sale Price: $89,900
Price/SqFt: $84
Status: Active
MLS#: rcomi60401678
Originating MLS: RealComp2
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: b e taylors rainbow sub ( plats)
Acres: 0.1
Lot Dimensions: 40.00 x 107.00
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,071 sq.ft.
Acreage: 0.1 est.
Year Built: 1947
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: 1
Garage Description: Attached Garage,Gar Door Opener,Direct Access
Exterior: Brick
Exterior Misc: Fenced Yard
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,929
Est. Winter Taxes: $200
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Chad Apap of EXP Z Real Estate, Phone: 248-937-1337
