Description
Investor alert! 1778 reo is a 4-bedroom, tenant-occupied gem bringing in $1,450/month in the heart of lincoln park—one of downriver’s rapidly growing markets known for its strong sense of community, homeowner pride, and easy access to detroit. with a signed lease until april 2026 and a valid rental license with the city, this property offers day-one cash flow and peace of mind. the home was recently made rent-ready and features modern flooring, fresh paint, a tiled bath, white kitchen cabinets, and key updates including a newer sewer line, hot water tank, and 2021 furnace. plus—an enclosed back patio and huge two-car garage for added value. a true plug-and-play buy-and-hold opportunity with strong returns in a growing neighborhood. these don’t come up often—act fast!
Property Type
ResidentialSubdivision
Penn Outer Drive SubCounty
WayneStyle
BungalowAD ID
49738754
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 1
- Full Baths: 1
Room Information
- Total Rooms: 9
Interior Features
- Appliances: Free-Standing Electric Range,Free-Standing Refrigerator
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1947
- Building Stories: 1 1/2 Story
- Foundation/Basement: Crawl
- Architecture: Bungalow
Exterior Features
- Construction: Aluminum
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.11
- Dimensions: 42.00 x 113.00
Property Information
- SQ ft: 1059
- Subdivision: PENN OUTER DRIVE SUB
- Financing: Cash,Conventional
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Listing Information
Listing Price Information
- Original List Price: $145,000
Listing Information
- Possession: At Close
- Legal Description: DA167B DA168A ELY 21 FT OF LOT 167 AND THE WLY 21 FT OF LOT 168 ALSO S 1/2 ADJ VAC ALLEY PENN OUTER DRIVE SUB PC 671 L56 P86 WCR
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,646
- Parcel Number: 45004010167002
Possession
- At Close
Legal Information
- Legal Description: Section: DA167B DA168A ELY 21 FT OF LOT 167 AND THE WLY 21 FT OF LOT 168 ALSO S 1/2 ADJ VAC ALLEY PENN OUTER DRIVE SUB PC 671 L56 P86 WCR
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Has Garage: Yes
- Garage Size: 2 Car
- Garage Description: Detached
Multi-Unit Information
- Road Frontage: Paved
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 07/26/2025 @ 16:05
- MLS: 626474818
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Home, with 4 bedrooms which is for sale, it has 1,059 sqft, 0 sized lot, and 2 Car parking. are nearby neighborhoods.