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15894 Fordham St

Detroit MI 48205

3
1
1850 sq. ft.
0.1 ac.
Single-Family
Currently for sale - view listing

Overview

15894 fordham street ---CALLING ALL INVESTORS--TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.

Features

3 bedrooms
1 bathroom
1850 sq. ft. floor area
0.1 ac. lot size
Single-Family

Property history for 15894 Fordham St

2024
Sold
$42,500
20 Sep 2024 by Gharian Carver, of KW City
2021
Sold
$80,000
17 May 2021
2018
Sold
$15,000
10 Oct 2018 by Andrew Bourland, of MHR Real Estate LLC

Happy sellers in Detroit

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We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 260 three-bedroom single-family properties similar to 15894 Fordham St, have been sold.

This represents a 25% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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