11311 Steel Street, Detroit, MI 48227
- $115,000
- 3
- BD
- 1
- BA
- 982
- SqFt
- List Price
- $115,000
- Price Change
- ▲ $30,000 1779120820
- Days on Market
- 134
- MLS#
- 20261032972
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 3
- Bathrooms
- 1
- Full-baths
- 1
- Living Area
- 982
Property Description
Charming investment opportunity in Detroit! 11311 Steel St is a tenant-occupied property offering immediate rental income potential and strong long-term value. Currently occupied by a Section 8 tenant paying $1,800/month, this property offers reliable cash flow with an estimated 13% cap rate. The home features a functional layout, spacious living areas, and solid rental appeal, making it an excellent addition to any investment portfolio. Conveniently located near schools, shopping, dining, major freeways, and local amenities, providing strong accessibility for tenants and future occupants alike. Ideal for investors seeking steady cash flow or buyers looking for future owner-occupancy potential. Tenant occupied — please do not disturb tenant. Showings available with accepted offer or approved access only.
Additional Information
- Taxes
- $3,181
- Acres
- 0.12
- Garage
- Yes
- Heating
- Forced Air
- School District
- Detroit
- Sewer
- Public Sewer
- Stories
- 1
- Style
- Ranch
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Samar Taha from Listing Office: Apex Realty Centers.
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