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8443 Chalfonte St, Detroit, MI 48238 8443 Chalfonte St 1,098 SF Flex Building Detroit, MI 48238 $172,366 CAD ($156.98 CAD/SF) 8.48% Cap Rate

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INVESTMENT HIGHLIGHTS

  • With a rental amount of $1,200/month
  • Include a new roof, updated plumbing, electrical, and heating systems.
  • Beautifully Remodeled Colonial Home

EXECUTIVE SUMMARY

Beautifully Remodeled Colonial Home in Detroit – INVESTMENT OPPORTUNITY This single family home generates a net profit of $10,600 annually. Tenant is on a month to month. The rents are under market. You can rent this for $1500 per month. Welcome to your stunningly remodeled 2-story colonial home! Nestled in a charming neighborhood, this 3-bedroom, 1-bathroom home has been meticulously updated to blend modern convenience with timeless style. Step inside and be greeted by fresh, new flooring that enhances the home’s elegant design. Each of the three spacious bedrooms provides comfort and tranquility, while the modernized bathroom is both stylish and functional. Highlights include a new roof, updated plumbing, electrical, and heating systems. Prime location south of Fenkell, east of Wyoming. No showings until an accepted offer—act fast! No seller financing.

PROPERTY FACTS

Price $172,366 CAD
Price Per SF $156.98 CAD
Sale Type Investment
Cap Rate 8.48%
Property Type Flex
Lot Size 0.10 AC
Rentable Building Area 1,098 SF
No. Stories 2
Year Built/Renovated 1926/2024
Tenancy Single
Zoning R2
Parcel Number 16-006078
  • Listing ID: 34570111

  • Date on Market: 2025-01-22

  • Last Updated:

  • Address: 8443 Chalfonte St, Detroit, MI 48238

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