27
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$109,900
Est. payment /mo
3 Beds
1 Bath
1,003 SqFt
Active
17673 Teppert Street Detroit, MI 48234
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,003 sqft
Price per Sqft $109
MLS Listing ID 20261013134
Bedrooms 3
Full Baths 1
Year Built 1943
Annual Tax Amount $1,833
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X130
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Great Section 8–approved investment opportunity in Detroit's Von Steuben neighborhood, offering immediate and reliable cash flow from day one. This fully renovated ranch is currently tenant-occupied at $1,300/month, providing stable, government-backed rental income with minimal management requirements. The property features durable laminate flooring, fresh interior paint, a modernized kitchen and bathroom, newer windows, and low-maintenance finishes throughout, supporting long-term durability and reduced operating costs. A functional layout, full basement with additional value potential, and detached garage further enhance tenant appeal and overall investment stability. Priced at $110,000 with standard financing terms, this asset delivers strong performance fundamentals and an estimated ~15% cash-on-cash return, making it a well-positioned turnkey investment for buyers seeking consistent income and long-term portfolio growth.
Location
State MI
County Wayne
Direction S of 7 Mile E of Outer Dr
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W17I015185S
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Listed by Amin Realty
NEARBY SCHOOL & BUSINESS