$119,900
Accepting Backup Offers

14671 EGO AVENUE

Eastpointe, MI 48021
1055 sqft | 3 beds | 1 bath | 0.01 acres | #20250011485
Browse 12 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Looking for a stable investment property? This is it, check out this beautiful 3-bedroom, 1-bathroom bungalow currently generating a consistent monthly rental income of $1,350, with a potential for a rent increase. The kitchen and bathroom have been recently updated, and a new water heater was installed in February 2023. The property is currently leased to a long-term Section 8 tenant, providing a stable rental income stream backed by the government. The tenant owns the appliances. Property is C of O is current. Note: Because of the tenant's privacy, showings will only be conducted after a formal offer has been submitted. Please do not disturb the tenant.

  • Property Details
      • SubdivisionOBERNAUER BARBER LAING EASTWOOD
      • Property SubtypeSingleFamilyResidence
      • FoundationBasement, Block
      • StoriesOneandOneHalf
      • Sewer InformationPublicSewer
      • School DistrictEastDetroit
      • MLS #20250011485
      • MLS #20250011485
      • Basement DescriptionUnfinished
      • Parcel Number1336477025
      • Parking FeaturesNoGarage
      • Original List Price$119,900
      • Parking TypeGarage
      • Utility SourcePublic
      • CountyMacomb
      • Taxes Annual$3,698
      • Cost119900
      • Acres0.01
      • Square Feet1055
      • Year Built1947
      • Days on Market (Cumulative)45
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Basement1
      • Basement Finished1

Location

Theresa ColemanReal Estate Group
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10.0%

Interest Rate

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6.0%

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2.6%
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