9327 Cloverlawn Street, Detroit city, Michigan

$124,900

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4

Beds

3

Baths

1,844

Square feet

0.11

Acres

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
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
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
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Hot Water, Natural Gas
Fireplace No

Exterior

Construction Brick
Foundation Basement, Brick/Mortar

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeIrongate Realty Group
Contact Infotenasia.hatch@soldwithirongate.com

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