Piper Partners
912 N Main
Ann Arbor, Michigan 48103
Email: andy@piperpartners.com
Find or sell your home today!
(734) 822-7496Turnkey Tenant-Occupied Investment
Solid 3-bedroom, 1-bathroom bungalow with basement, located on a well-maintained block. Property is tenant-occupied with a long-term lease in place, providing immediate and reliable rental income.
Current rent: $1,100/month
Rent increases to $1,200/month starting 2026
Lease secured through 2027
Detached garage offers additional storage and utility space
This is a true hands-off investment opportunity with guaranteed income in place. Strong rental history and no vacancy risk make it an excellent addition to any portfolio.
Investor Highlight: At the $93,000 asking price, this property delivers a cap rate of 14.2%.
| District | Detroit |
| Year | 2024 |
| Total Tax | $3,243 |
| Assessment | $16,281 |