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15734 Cruse St

Detroit MI 48227

5
2
1
2584 sq. ft.
0.1 ac.
Single-Family
Currently for sale - view listing

Overview

Great investment opportunity in the heart of Detroit! Formerly a duplex and currently converted into a spacious single-family home, 15734 Cruse St offers strong potential for both investors and owner-occupants alike. This tenant-occupied property features an updated kitchen, updated bathroom, generous living space, and a flexible floor plan with the possibility for future multifamily use. Currently occupied by a Section 8 tenant paying $1,800/month, offering immediate and reliable rental income with an estimated 13% cap rate. A great addition to any investment portfolio. Conveniently located near shopping, schools, major freeways, and local amenities. Tenant occupied - please do not disturb tenants. Showings available with accepted offer or approved access only.

Features

5 bedrooms
2 bathrooms
1 carspace
1 garage space
2584 sq. ft. floor area
0.1 ac. lot size
Single-Family

Property history for 15734 Cruse St

2022
Sold
$90,000
11 Nov 2022 by Bryan Redmond, of Berkshire Hathaway Home Services Kee Realty SCS

Happy sellers in Detroit

90%
90% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Detroit over the last 12 months.

Local market activity for 5 bedroom single-family properties in Detroit

In the last 12 months, 9 five-bedroom single-family properties similar to 15734 Cruse St, have been sold.

This represents a 53% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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