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About the Listing 432254 - 371952
Charming 3-bedroom, 1-bath brick home with options for both owner-occupants and investors! The spacious upstairs primary bedroom offers a private retreat, while the main level features hardwood floors, new carpeting, and a comfortable living area, and a full bath with charming original retro tile. Currently tenant-occupied at $1,300 per month with a cash-paying tenant on a month-to-month lease and a good payment history, giving an investor the opportunity for immediate rental income while preserving flexibility for a future owner-occupant. Conveniently located near Chandler Park Academy, grocery shopping, bus stops, and everyday amenities. Whether you're looking for a place to call home or an income-producing property to add to your portfolio, this classic brick home offers plenty of possibilities. Estimated uncapped taxes $3,135. Est. Insurance $900. 10% property management fees with $1,300/month rent is $1,560/year. Expenses $5,595. Annual cash flow $10,005. ROI 12.5%. This neighborhood has continuously appreciated since the crash. Great investment!
Listing Highlights for 16317 Carlisle St
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: None (Appliances)
- Air Cond: Ceiling Fan(s)
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1042
- Below Ground Sq Ft: 850
- Basement: Unfinished
- Other: 220 Volts,Circuit Breakers,1 1/2 Story,Ground Level w/Steps,Forced Air,No Garage,Pets Allowed
- Water: Public (Municipal),Water at Street
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 40.5X135
- Roof: Asphalt
- Others: Fenced,Brick,Paved
- Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Financial Details
- Tax Amount: $2,134
- Taxes w/Assessments: N/A
- Tax/Property ID: W21I027748S
- Tax Year: N/A
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Monthly Payment
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Listing Location
Questions About..
16317 Carlisle St Detroit, MI 48205
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