Turnkey Cash-Flowing Investment Opportunity!Excellent opportunity to acquire an income-producing property with a reliable tenant already in place paying $1,000 per month. For investors looking to add immediate cash flow to their portfolio without starting from vacancy, this property offers a strong combination of existing income, tenant stability, and long-term upside.The home provides a functional layout and solid rental appeal, making it well suited for a buy-and-hold strategy. With an established paying tenant in place, the next owner can step into an operating rental from day one and avoid the initial leasing, turnover, and vacancy period that often comes with acquiring investment property.The location adds to the investment value. Convenient access to major Detroit roadways, shopping, restaurants, schools, parks, employment centers, and everyday amenities helps support continued rental demand and long-term tenant appeal. This makes the property an attractive option for investors focused on dependable cash flow and portfolio growth.Whether you're purchasing your first rental or expanding an existing portfolio, this property offers a straightforward opportunity to acquire a stabilized asset with income already being generated.Currently rented for $1,000 per month with a good-paying tenant in place. DO NOT DISTURB TENANT. Showings by confirmed appointment only.Novation: Buyer has equitable interest in the property and is marketing the property with the owner's authorization in order to locate a new buyer. BTVAI: Buyer to verify all information on listing.
Listed By
Agency Name: Ikon Property Group
Agency Phone: 8102099995
Shown By
Agent Name: Scott Griffith
Agent Phone: (810) 227-1016 ext. 208
Agency Title: Griffith Realty
Estimated Payment
$ 375.21 per month $188.95 Principal & Interest $161.50 Property Tax $24.76 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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19930 Biltmore Street | MLS# 20261084543
This single family home located at 19930 Biltmore Street, Detroit, Mi 48235 is currently listed for sale with an asking price of $84,900. This property was built in 1950 and has 3 bedrooms and 2 full baths with 1525 sq. ft. Biltmore Street is located in the M A D I S O N P A R K subdivision within the Detroit school district. Search M A D I S O N P A R K real estate on sgriffith.griffithrealty.com today.