FOR SALE BY OWNER
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15440 Ardmore St, Detroit, MI 48227
15440 Ardmore St, Detroit, MI 48227
$129,900
$68/sq ft
5 Beds
1.0 Bath
1,915 Sq Ft
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About This Property
Beautiful 5-Bedroom Home with Income Potential
Don't miss this beautiful 5-bedroom, 1-bath home with excellent investment potential. The layout can easily be converted into a two-family property, giving you the opportunity to increase rental income.
The home features:
New roof (2024)
New flooring
Updated plumbing
New hot water tank
The first-floor tenants currently pay $1,350 per month and have never been late on rent, so you can start generating income from day one.
Located on a quiet, safe block, this property is ideal for both investors and owner-occupants. The tenants are on a month-to-month lease, giving the new owner the flexibility to keep them in place or ask them to vacate, depending on their plans.
A great opportunity to own a move-in-ready property with immediate cash flow and future upside!
Property Type
Single Family
Year Built
1929
Lot Size
3,833 sqft
Heating
Forced air; Gas
Cooling
Central
Features & Amenities
Interior Features
- Asphalt
- Brick
- Central
- Fireplace
- Forced air
- Garage - Attached
- Gas
- Hardwood
- Laminate
- Partially finished
- Tile Flooring
- Vinyl
Property Owner
PO
Property Owner
Property Owner
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Mortgage Calculator
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Estimated Monthly Payment
$921
Payment Breakdown
Principal & Interest
$691
Property Tax
$130
Home Insurance
$100
HOA Fees
$0
Loan Amount
$103,920
Total Interest Paid
$144,978
Total Cost
$248,898