16605 FREELAND Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48235
Key Details
Property Type Single Family Home
Sub Type Cape Cod
Listing Status Active
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $129
Subdivision Heiden & Cunningham Palme R Grove Sub (Plats)
MLS Listing ID 20250024252
Style Cape Cod
Bedrooms 3
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1939
Annual Tax Amount $2,994
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 110.00
Property Sub-Type Cape Cod
Property Description
Turn-key investment opportunity with immediate cash flow! This updated 3-bedroom, 1-bath home features a clean, modern interior and a full basement, offering comfortable living with functional space. The property is being sold subject to an existing lease, with a reliable cash-paying tenant currently in place at $1,400/month—producing $16,800 in annual rental income. Ideal for investors seeking a well-maintained, income-generating asset with a stable tenant already in place
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Direction N off Puritan
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Parking Features Detached
Garage Description 1 Car
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Cape Cod
Warranty No
Level or Stories 1 1/2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I036144S
Ownership Short Sale - No,Private Owned
Assessment Amount $250
Acceptable Financing Cash,Conventional,Warranty Deed
Listing Terms Cash,Conventional,Warranty Deed
Financing Cash,Conventional,Warranty Deed