11441 Balfour RD Detroit, MI 48224
3 Beds
1 Bath
1,100 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $86
Subdivision S C Hadleys Sub Of Pt Pc 404
MLS Listing ID 20261046701
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1948
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type SingleFamilyResidence
Property Description
The home features a functional layout with three comfortable bedrooms and one full bathroom, complemented by a full basement that provides excellent storage or utility space. Outside, the property includes a detached garage and a manageable yard, all situated in a high-demand rental pocket with easy access to local amenities and transit.
From an investment standpoint, the numbers speak for themselves. With a current rent of $1,250 per month, the property generates a gross annual income of $15,000, providing an exceptional yield at this price point. The home is occupied by a reliable, long-term tenant who treats the house like their own, giving you the peace of mind that comes with a proven payment history and zero immediate vacancy costs. This is the perfect hands-off asset for out-of-state investors or local buyers looking to scale their portfolios with minimal effort.
Properties with established, long-term tenants at this price point do not last long in today's market. Out of respect for the tenant's privacy, inspections and walkthroughs will only be arranged after a signed purchase agreement is in place. Please do not disturb the occupants. Serious inquiries only—contact us today to submit your contract for review.
All measurements and square footage are estimated .
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Rooms
Basement Unfinished
Entry Level, 12 X 10 Bedroom
Entry Level, 10 X 10 BathFull
Second Level, 12 X 14 PrimaryBedroom
Entry Level, 12 X 12 LivingRoom
Entry Level, 10 X 10 DiningRoom
Entry Level, 12 X 10 Bedroom
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features TwoCarGarage, Detached, Driveway
Garage Spaces 2.0
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
