5981 University Place

Detroit, Michigan 48224

  • 3 Bed(s)
  • 1 Bath(s)
  • 964 Sqft
  • 0.12
    Acre(Lot)
$94,000

Description

Great investment opportunity at 5981 university pl, detroit, mi! this tenant-occupied home, currently on section?8, generates $995/month in steady rental income and offers solid long-term potential. inside, you'll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. located in a well-connected detroit neighborhood close to schools, parks, shopping, and public transportation, it’s perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. showings by appointment only with accepted offer. buyer’s agent to verify all information.

  • Property Type

    Residential

  • Subdivision

    Lodewyck 1

  • County

    Wayne

  • Style

    Bungalow

  • AD ID

    50324261

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Property Details

  • Bedroom Information

    • Total Bedrooms : 3

    Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Room Information

    • Total Rooms: 4
    • Porches: Porch

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1948
    • Building Stories: 1 1/2 Story
    • Foundation/Basement: Basement
    • Architecture: Bungalow

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.12
    • Dimensions: 40X133.38

    Property Information

    • SQ ft: 964
    • Subdivision: Lodewyck 1
    • Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    • Original List Price: $94,000

    Listing Information

    • Possession: Rental Agreement
    • Legal Description: W UNIVERSITY PL 127 LODEWYCK SUB NO 1 L53 P26 PLATS, W C R 21/866 40 X 133.38A

  • Tax Information

    • Annual Tax: $2,954
    • Parcel Number: 21077459

    Possession

    • Rental Agreement

    Legal Information

    • Legal Description: Section: W UNIVERSITY PL 127 LODEWYCK SUB NO 1 L53 P26 PLATS, W C R 21/866 40 X 133.38A

  • Parking Information

    • Has Garage: Yes
    • Garage Size: 2 Car
    • Garage Description: Detached,Driveway

    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 07/03/2025 @ 21:34

  • MLS: 629389177
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Home, with 3 bedrooms which is for sale, it has 964 sqft, 0 sized lot, and 2 Car parking. are nearby neighborhoods.