13918 Terry Street Detroit, MI 48227
Listing Courtesy of: REALCOMP / Century 21 Curran & Oberski / Joseph Rauti / CENTURY 21 Curran & Oberski / Maria Lacaria

  13918 Terry Street Detroit, MI 48227

Active (94 Days)
$125,000 (USD)
3
BED
2
BATH
1,482
SQFT

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

MLS #:
20251059204
Lot Size
4,792 SQFT
Type
Single-Family Home
Year Built
1925
School District
Detroit
County
Wayne County

Listed By

Joseph Rauti, Century 21 Curran & Oberski
Maria Lacaria, CENTURY 21 Curran & Oberski
Source
REALCOMP
Last checked Dec 14 2025 at 9:42 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Subdivision
  • Schoolcraft Sub 3
Property Features
  • Foundation: Basement
Heating and Cooling
  • Forced Air
Basement Information
  • Partially Finished
  • Interior Entry
Pool Information
  • 0
Utility Information
  • Utilities: Public (Municipal)
  • Sewer: Sewer (Sewer-Sanitary)
  • Fuel: Natural Gas
Garage
  • Detached
Stories
  • 1 1/2 Story
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Disclaimer: Copyright 2024 RealComp MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/4/24 07:12