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4625 Chalmers Street, Detroit city, Michigan

$125,000

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5

Beds

2

Baths

1,500

Square feet

0.10

Acres

About 4625 Chalmers Street

This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Features of 4625 Chalmers Street

MLS® # 20261056866
Price $125,000
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 1,500
Acres 0.10
Year Built 1950
Type Residential
Sub-Type Bungalow
Style Bungalow
Status Active

Community Information

Address 4625 Chalmers Street
Area 05055 - Det Con-Mors/Grat. Hstn/7 Mack
Subdivision HAGERS JOHN A ONEIDA PARK
City Detroit city
County Wayne
State Michigan
Zip Code 48215

Amenities

Parking No Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Construction Aluminum Siding, Vinyl Siding
Foundation Basement, Brick/Mortar

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEXP Realty Main
Contact Infojaynaimrealtor@gmail.com

Listing Map

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