9327 Schaefer Highway, Detroit, MI 48228 2518
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9327 Schaefer Highway, Detroit, MI 48228 2518
9327 Schaefer Highway, Detroit, MI 48228 2518
9327 Schaefer Highway, Detroit, MI 48228 2518
9327 Schaefer Highway, Detroit, MI 48228 2518
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Jason Baker

Jason Baker

+1(419) 349-3867
$ 215,000
Est. payment /mo
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9327 Schaefer Highway Detroit, MI 48228 2518

4 Beds

3 Baths

1,565 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,565 sqft

Price per Sqft $137

Subdivision Plymouth-Monnier Heights

MLS Listing ID 60944071

Style 1 1/2 Story

Bedrooms 4

Full Baths 2

Half Baths 1

Abv Grd Liv Area 1,565

Year Built 1951

Annual Tax Amount $1,062

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X110

Property Sub-Type Single Family

Property Description

Turnkey investment opportunity with immediate income. This updated bungalow is currently leased at $1,800 per month under a one-year lease to a business tenant that has expressed interest in a longer-term tenancy, offering investors immediate cash flow with potential for continued occupancy. The property features extensive updates, including a new roof, laminate flooring, fresh paint, an expanded upper level for additional living space, and an updated kitchen complete with a stainless steel refrigerator and gas range. The partially finished basement adds additional functional space, enhancing overall usability and appeal. Major mechanical updates help reduce near-term capital expense concerns, including the furnace and hot water heater already in place, making this an attractive low-maintenance addition to a buy-and-hold portfolio. Conveniently located just minutes from the Aviation Subdivision, Eastborn Market, gas stations, I-96, and everyday amenities, this location supports strong ongoing rental appeal. A compelling opportunity for investors seeking a stabilized, income-producing asset with immediate returns and long-term upside. Measurements are approximate. Be sure to view the video tour and smart floor plan. Showings only upon accepted offer.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Partially Finished

Interior

Interior Features Cable/Internet Avail., DSL Available

Hot Water Gas

Heating Forced Air

Cooling Window Unit(s)

Appliance Freezer, Range/Oven, Refrigerator

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Garage Description 12x20

Garage Yes

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water

Architectural Style Bungalow

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

Virtual Tour https://youtu.be/869e-B8KwGY

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Max Broock Realtors
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Jason Baker

Jason Baker

Broker License ID: BRKP.2013004472

+1(419) 349-3867

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9327 Schaefer Highway