About 9327 Cloverlawn Street
Investor Special: 10%+ Cap Rate, Tenant in Place, Immediate Cash Flow Solid cash-flowing asset in Detroit’s resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment! Key investor highlights: 4 bed / 2.5 bath layout ideal for long-term rental demand Tenant pays utilities, minimizing owner expenses Month-to-month lease = flexibility without vacancy risk Room to improve cash flow with minor updates or rental increases Proximity to Joe Louis Greenway adds long-term value The home itself offers character and charm with functional updates: A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package. **Homes with this square footage, location, and income potential rarely come at this price. Do not disturb tenant. Showings after accepted offer. BTVAI.
Features of 9327 Cloverlawn Street
MLS® # | 20251019379 |
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Price | $124,900 |
Bedrooms | 4 |
Bathrooms | 3.00 |
Full Baths | 2 |
Half Baths | 1 |
Square Footage | 1,844 |
Acres | 0.11 |
Year Built | 1945 |
Type | Residential |
Sub-Type | Bungalow |
Style | Bungalow |
Status | Active |
Community Information
Address | 9327 Cloverlawn Street |
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Area | 05042 - Det 6-Tire - Grnfld - Livernois |
Subdivision | M-P-C MAYFLOWER (PLATS) |
City | Detroit city |
County | Wayne |
State | Michigan |
Zip Code | 48204 |
Amenities
Parking | Detached, Driveway, 1 Car Garage |
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# of Garages | 1 |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Hot Water, Natural Gas |
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Fireplace | No |
Exterior
Construction | Brick |
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Foundation | Basement, Brick/Mortar |
School Information
District | Detroit |
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Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Irongate Realty Group |
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Contact Info | tenasia.hatch@soldwithirongate.com |