12631 Asbury Park

Detroit, Michigan 48227

  • 2 Bed(s)
  • 1 Bath(s)
  • 775 Sqft
  • 0.13
    Acre(Lot)
$100,000

Description

Turnkey investment opportunity! this updated 2-bedroom, 1-bath home features a finished basement and a 1-car garage, offering practical living space and reliable rental income. the property is being sold subject to an existing lease with a section 8 tenant in place at $1,300/month, bringing in $15,600 annually. enjoy steady, government-backed payments and immediate cash flow from day one. ideal for investors looking to expand their portfolio with a well-maintained, income-producing asset.

  • Property Type

    Residential

  • Subdivision

    Schoolcraft Asbury Pk Sub

  • County

    Wayne

  • Style

    Bungalow

  • AD ID

    49252531

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2

    Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Room Information

    • Total Rooms: 3

    Interior Features

    • Basement Description: Finished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1945
    • Building Stories: 1 Story
    • Foundation/Basement: Basement
    • Architecture: Bungalow

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.13
    • Dimensions: 46.00 x 132.00

    Property Information

    • SQ ft: 775
    • Subdivision: SCHOOLCRAFT ASBURY PK SUB
    • Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    • Original List Price: $100,000

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: W ASBURY PARK 47 AND E 9 FT OF VAC ALLEY ADJ SCHOOLCRAFT ASBURY PARK SUB L67 P31 PLATS, W C R 22/696 46 X 132.13A

  • Tax Information

    • Annual Tax: $2,118
    • Parcel Number: W22I062110S

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: W ASBURY PARK 47 AND E 9 FT OF VAC ALLEY ADJ SCHOOLCRAFT ASBURY PARK SUB L67 P31 PLATS, W C R 22/696 46 X 132.13A

  • Parking Information

    • Has Garage: Yes
    • Garage Size: 1 Car
    • Garage Description: Detached

    Multi-Unit Information

    • Road Frontage: Paved

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/13/2025 @ 14:35

  • MLS: 625050433
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Home, with 2 bedrooms which is for sale, it has 775 sqft, 0 sized lot, and 1 Car parking. are nearby neighborhoods.