3
See all 3 photos
$235,000
Est. payment /mo
5 Beds
2 Baths
2,442 SqFt
New
343 Elmhurst Street Highland Park, MI 48203 3415
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,442 sqft
Price per Sqft $96
Subdivision Tuxedo Manor Sub
MLS Listing ID 61015014
Style 2 Story
Bedrooms 5
Full Baths 2
Abv Grd Liv Area 2,442
Year Built 1916
Annual Tax Amount $1,214
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35X132.83
Property Sub-Type Single Family
Property Description
This extensively renovated 5-bedroom, 2-bath Colonial is currently tenant occupied with a lease generating $2,100 per month ($25,200 annually), providing immediate rental income from day one. Acquired in 2023 and fully renovated prior to tenant occupancy, the property features updated flooring, fresh paint, a modernized kitchen, renovated bathrooms, newer windows, updated electrical and plumbing, a newer roof, and numerous additional improvements throughout. Offering approximately 2,442 square feet of living space, spacious room sizes, and a versatile floor plan, this property presents an outstanding opportunity for investors seeking a quality, low-maintenance asset with strong long-term appreciation potential. 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.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Colonial
Structure Type Brick
Schools
School District Highland Park City Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main
Nearby Locations
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