16044 Fairmount Drive

  • $45,000
16044 Fairmount Drive, Detroit, MI 48205

Overview

Property ID: 25020135
  • Single Family Home
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 904
  • Sq Ft
  • 1942
  • Year Built
For Sale
16044 Fairmount Drive, Detroit, MI 48205
  • $45,000

Overview

Property ID: 25020135
  • Single Family Home
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 904
  • Sq Ft
  • 1942
  • Year Built

Description

Cash-Flowing Investment Property in Detroit – Tenant Occupied! Great opportunity for investors! Located on a quiet, residential street in the heart of Detroit, this tenant-occupied, cash-flowing property is a smart addition to any rental portfolio. Features: Long-term tenant in place for 14 years ,Excellent payment history – currently paying $770/month, Reliable monthly rental income from day one, Potential for value-add improvements to increase equity and returns.
With strong rental demand in the area and a stable tenant already in place, this home offers immediate income and long-term potential. Whether you’re a seasoned investor or just starting out, this property is a solid pick for building wealth through real estate.
Prime Detroit location | Investor special | Turnkey opportunity

Details

Updated on June 9, 2025 at 6:16 am
  • Property ID: 25020135
  • Price: $45,000
  • Property Size: 904 Sq Ft
  • Land Area: 0.1 Acres
  • Bedrooms: 2
  • Bathroom: 1
  • Garage: Attached
  • Year Built: 1942
  • Property Type: Single Family Home
  • Property Status: For Sale
  • Address 16044 Fairmount Drive
  • City Detroit
  • State/county Michigan
  • Zip/Postal Code 48205
  • Country US

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