Chat with us, powered by LiveChat

20320 Dresden Street, Detroit city, Michigan

$65,000

Previous Next

2

Beds

1

Bath

679

Square feet

0.11

Acres

About 20320 Dresden Street

INVESTORS AND HOMEOWNERS—DON'T MISS THIS OPPORTUNITY! Solid 2-bedroom, 1-bath Detroit home offering approximately 700 sq. ft. of living space plus a full basement. Whether you're looking to add an income-producing property to your portfolio or an affordable home to make your own, this property offers flexibility, value and upside potential. For investors, a long-term tenant is currently in place and would like to remain, offering the opportunity for immediate rental income from day one. Area rental rates indicate potential for increased rental income, with approximately $1,250/month possible based on current market conditions; buyer to independently verify market rent and rental projections. Major mechanical improvements have already been addressed, including a newer HVAC/furnace system, while the roof is approximately 10 years old or less. The home is solid and functional, with primarily cosmetic updating offering an opportunity to further enhance value and long-term return. Not just for investors—owner-occupants can also take advantage of an affordable home with a full basement, brick and vinyl exterior, newer major mechanicals and the opportunity to personalize the property over time. ESTABLISHED TENANT. IMMEDIATE INCOME POTENTIAL. RENTAL UPSIDE. SOLID HOME. VALUE-ADD OPPORTUNITY. A versatile property with multiple paths for the next owner. Schedule your showing and take a closer look! Licensed real estate agent has an ownership interest in the selling LLC and a financial interest in the transaction

Features of 20320 Dresden Street

MLS® # 20261070194
Price $65,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 679
Acres 0.11
Year Built 1948
Type Residential
Sub-Type Ranch
Style Ranch
Status Active

Community Information

Address 20320 Dresden Street
Area 05054 - Det 8 To Gratiot/Houston To 7
City Detroit city
County Wayne
State Michigan
Zip Code 48205

Amenities

Parking 2 Car Garage, Detached
# of Garages 2
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

OfficeNERG Real Estate Experts
Contact Infonergexperts@gmail.com

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?