$125,000 for Sale
16240 saint marys street, detroit, MI 48235
Property Description
Excellent investment opportunity! This updated 3-bedroom, 1.5-bath home features a finished basement and a 1-car garage, offering solid functionality and appeal. The property is being sold subject to an existing lease with a long-term Section 8 tenant in place at $1,300/month, generating $15,600 in annual rental income. Ideal for investors seeking dependable, government-backed rental payments and immediate cash flow. A turnkey addition to any rental portfolio.
General Information
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: greenfield acres sub (plats)
Acres: 0.11
Lot Dimensions: 45.00 x 105.00
Bedrooms:3
Bathrooms:2 (1 full, 1 half)
House Size: 1,000 sq.ft.
Acreage: 0.11 est.
Year Built: 1941
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Paved Road: Paved
Garage: 1.5 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick
Garage: 1.5 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Finished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Basement Description: Finished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,185
Est. Winter Taxes: $111
Est. Summer Taxes: $1,185
Est. Winter Taxes: $111
HOA fees: 0
Legal Description: E ST MARYS S 45 FT OF N 85 FT 150 LYG S OF & ADJ FLORENCE AVE & E OF & ADJ ST MARYS AVE AS WD GREENFIELD ACRES SUB L32 P17 PLATS, W C R 22/9 45 X 104.97A
Legal Description: E ST MARYS S 45 FT OF N 85 FT 150 LYG S OF & ADJ FLORENCE AVE & E OF & ADJ ST MARYS AVE AS WD GREENFIELD ACRES SUB L32 P17 PLATS, W C R 22/9 45 X 104.97A
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Anthony J Trucano of Keller Williams Paint Creek, Phone: (248) 609-8000
248-245-3251
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Listings Presented by:
Gjon Gjonaj
Call:
248-245-3251 Office: 810-579-3333 |
This Single-Family Home located at
is currently for sale. This property is listed for $125,000.
16240 saint marys street
has 3 bedrooms, approximately 1,000 square feet.
This home is in the detroit school district and has a lot size of 45.00 x 105.00 with 0.11 acres and was built in 1941.
16240 saint marys street is in detroit and in ZIP Code 48235 area.
16240 saint marys street, detroit MI, 48235
For Sale | $125,000
| 3 Bed, 2 Bath | 1,000 Sq Ft
MLS ID rcomi20250024186
If you have any question about this property or any others, please don't hesitate to contact me.
