$125,000 for Sale
13918 terry street, detroit, MI 48227
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Property Description
Excellent turnkey investment opportunity in Detroit! 13918 Terry St is fully renovated and occupied with a new and vetted tenant paying $1,500 per month. Offered at only $125,000, this property delivers an outstanding 14.4% cap rate from day one. Complete renovation includes new paint, windows, electrical, plumbing, furnace, water heater, kitchen and baths. Do not forget the rare and massive 3 car garage in the oversized backyard. Valid City of Detroit Certificate of Occupancy and Certificate of Compliance on file; property meets all rental standards and is Section 8 eligible. Current tenant is on a market-rate lease; full documentation, lead clearance, and tenant info available upon request. Ideal for hands-off or out-of-state investors seeking immediate cash flow in a strong rental submarket. Do not miss this rare combination of condition, occupancy, and return. Priced for quick sale. BATVAI
General Information
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: schoolcraft sub 3
Acres: 0.11
Lot Dimensions: 40X120
Bedrooms:3
Bathrooms:2 (2 full, 0 half)
House Size: 1,482 sq.ft.
Acreage: 0.11 est.
Year Built: 1925
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road: Paved
Garage: 3 Car
Garage Description: Detached
Construction: Brick,Brick Veneer,Vinyl
Exterior: Brick, Brick Veneer, Vinyl
Garage: 3 Car
Garage Description: Detached
Construction: Brick,Brick Veneer,Vinyl
Exterior: Brick, Brick Veneer, Vinyl
Basement: Yes
Basement Description: Interior Entry, Partially Finished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Basement Description: Interior Entry, Partially Finished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $861
Est. Winter Taxes: $103
Est. Summer Taxes: $861
Est. Winter Taxes: $103
HOA fees: 0
Legal Description: E TERRY 68 SCHOOLCRAFT SUB NO 3 L31 P42 PLATS, W C R 22/78 40 X 120
Legal Description: E TERRY 68 SCHOOLCRAFT SUB NO 3 L31 P42 PLATS, W C R 22/78 40 X 120
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Joseph Rauti of Century 21 Curran & Oberski, Phone: (313) 274-7200
(810) 955-4898
Call Sally Newland for more information about this property.
Ask me about this property
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Listings Presented by:
Sally Newland
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This Single-Family Home located at
is currently for sale. This property is listed for $125,000.
13918 terry street
has 3 bedrooms, approximately 1,482 square feet.
This home is in the detroit school district and has a lot size of 40X120 with 0.11 acres and was built in 1925.
13918 terry street is in detroit and in ZIP Code 48227 area.
13918 terry street, detroit MI, 48227
For Sale | $125,000
| 3 Bed, 2 Bath | 1,482 Sq Ft
MLS ID rcomi20251059204
If you have any question about this property or any others, please don't hesitate to contact me.
