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11311 Steel Street, Detroit city, Michigan

$115,000

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3

Beds

1

Bath

982

Square feet

0.12

Acres

About 11311 Steel Street

Charming investment opportunity in Detroit! 11311 Steel St is a tenant-occupied property offering immediate rental income potential and strong long-term value. Currently occupied by a Section 8 tenant paying $1,800/month, this property offers reliable cash flow with an estimated 13% cap rate. The home features a functional layout, spacious living areas, and solid rental appeal, making it an excellent addition to any investment portfolio. Conveniently located near schools, shopping, dining, major freeways, and local amenities, providing strong accessibility for tenants and future occupants alike. Ideal for investors seeking steady cash flow or buyers looking for future owner-occupancy potential. Tenant occupied — please do not disturb tenant. Showings available with accepted offer or approved access only.

Features of 11311 Steel Street

MLS® # 20261032972
Price $115,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 982
Acres 0.12
Year Built 1946
Type Residential
Sub-Type Ranch
Style Ranch
Status Active

Community Information

Address 11311 Steel Street
Area 05042 - Det 6-Tire - Grnfld - Livernois
Subdivision CLARE SUB
City Detroit city
County Wayne
State Michigan
Zip Code 48227

Amenities

Parking 1 Car Garage, Detached
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Construction Aluminum Siding
Foundation Basement, Block

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeApex Realty Centers
Contact Info1samartaha@gmail.com

Listing Map

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