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About the Listing 294086 - 400617
INVESTMENT OPPORTUNITY IN HARMONY VILLAGE! This well-maintained two-story Colonial, featuring a brick and vinyl siding exterior, offers an opportunity for an investor looking for an income-producing property with property management already in place. The property is currently tenant occupied on a month-to-month lease agreement, with the tenant preference to stay. Current rental income is $1,250 per month, and managed by a professional property management company. Located in Harmony Village, north of Puritan and west of Meyers, the property is conveniently situated near Renaissance High School, Cornerstone Adams-Young Elementary, DMC Sinai-Grace Hospital, shopping, dining, transportation, and other everyday conveniences. Recent improvements completed in 2025 included: renovated kitchen and bathroom and replacement of the main sewer line with a backflow preventer. The property is rent-ready and move-in ready, offering the opportunity to purchase a turnkey investment.
Listing Highlights for 16242 Cheyenne St
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: Free-Standing Gas Range, Free-Standing Refrigerator
- Air Cond: Ceiling Fan(s)
- Heating: Forced Air,Natural Gas
- Fireplaces: Living Room
- Floor:
- Above Ground Sq Ft: 1123
- Below Ground Sq Ft: 595
- Basement: Unfinished
- Other: 2 Story,Ground Level w/Steps,Forced Air,No Garage,Pets Allowed
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 33X105.3
- Roof:
- Others: Fenced,Brick,Vinyl,Paved
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: $2,749
- Taxes w/Assessments: N/A
- Tax/Property ID: W22I025925S
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
16242 Cheyenne St Detroit, MI 48235
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