MI > Detroit
Detroit, MI 48205,16044 Fairmount Drive
See all 6 photos
Detroit, MI 48205,16044 Fairmount Drive
Detroit, MI 48205,16044 Fairmount Drive
Detroit, MI 48205,16044 Fairmount Drive
Detroit, MI 48205,16044 Fairmount Drive
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
8
May
Fri
9
May
Sat
10
May
Heaven Misale

Heaven Misale

+1(810) 288-2921
$ 45,000
Est. payment /mo
Save
New

16044 Fairmount Drive Detroit, MI 48205

3 Beds

1 Bath

904 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 904 sqft

Price per Sqft $49

MLS Listing ID 81025020135

Style Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N no

Originating Board Greater Metropolitan Association of REALTORS®

Year Built 1942

Annual Tax Amount $1,013

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 37.00X123.00

Property Sub-Type Bungalow

Property Description

Cash-Flowing Investment Property in Detroit - Tenant Occupied! Great opportunity for investors! Located on a quiet, residential street in the heart of Detroit, this tenant-occupied, cash-flowing property is a smart addition to any rental portfolio. Features: Long-term tenant in place for 14 years ,Excellent payment history - currently paying $770/month, Reliable monthly rental income from day one, Potential for value-add improvements to increase equity and returns.With strong rental demand in the area and a stable tenant already in place, this home offers immediate income and long-term potential. Whether you're a seasoned investor or just starting out, this property is a solid pick for building wealth through real estate.Prime Detroit location \ Investor special \ Turnkey opportunity

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Direction E of 8 Mile to Redmond St

Interior

Interior Features Laundry Facility

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Roof Type Asphalt

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Level or Stories 1 Story

Structure Type Vinyl

Schools

School District Detroit

Others

Tax ID 21025145

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Kristina Khalifeh of Arterra Luxe Collection LLC
agent

Heaven Misale

Agent | License ID: 6501447916

+1(810) 288-2921

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Heaven Misale, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

16044 Fairmount Drive