Classic charm meets reliable investment potential in this solid 1947 brick home located at 16191 Ferguson St. Currently leased to a dependable Section 8 tenant at $1,100/month - with consistent, on-time payments and strong potential for increased market rent - this property offers immediate cash flow for investors. The home… Read More features a practical 3-bedroom, 1-bath layout with a warm and inviting fireplace, forced-air heating, and a partially finished basement perfect for additional living space, a home office, or gym.A;A;Additional highlights include an attached garage, fenced backyard for privacy, and a desirable location in Detroit's Crary neighborhood, just minutes from Grand River Avenue and major freeways. While formal renovation records are limited, the home includes durable brick construction, an asphalt roof reportedly in good condition, working kitchen appliances (included in the sale), and a finished basement section. Ideal for both owner-occupants and savvy investors looking for a turnkey opportunity with value-add potential. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of EXP Z Real Estate, [email protected], (248) 937-1337.
Listing Snapshot
Days Online
10
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Square Ft.
1,071
Lot Size
0.1 Acres
Year Built
1947
MLS Number
20250034465
30 Days Snapshot Of 48235
$122k
+12%
(avg) sold price
40
-14%
homes sold
68
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
1,071 total square feet, 1,071 combined square feet, 873 total basement square feet, Built in 1947, Architectural style: Ranch, 1 Story, Brick
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Direct Access, Door Opener, Attached, 1 Car, Garage?: 1
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.10, Lot size dimensions: 40.00 x 107.00
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