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Neil Hackler

[email protected] +1(773) 677-3479

$ 89,900

Est. payment -/mo

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16191 FERGUSON Street Detroit, MI 48235

3 Beds

1 Bath

1,071 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,071 sqft

Price per Sqft $83

MLS Listing ID 20250034465

Bedrooms 3

Full Baths 1

Year Built 1947

Annual Tax Amount $2,129

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40.00 x 107.00

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Classic charm meets reliable investment potential in this solid 1947 brick home located at 16191 Ferguson St. Currently leased to a dependable Section 8 tenant at $1,100/month—with consistent, on-time payments and strong potential for increased market rent—this property offers immediate cash flow for investors. The home features a practical 3-bedroom, 1-bath layout with a warm and inviting fireplace, forced-air heating, and a partially finished basement perfect for additional living space, a home office, or gym.Additional highlights include an attached garage, fenced backyard for privacy, and a desirable location in Detroit's Crary neighborhood, just minutes from Grand River Avenue and major freeways. While formal renovation records are limited, the home includes durable brick construction, an asphalt roof reportedly in good condition, working kitchen appliances (included in the sale), and a finished basement section. Ideal for both owner-occupants and savvy investors looking for a turnkey opportunity with value-add potential.

Location

State MI

County Wayne

Area Wayne County - 100

Direction S of Outer Dr E of Southfield

Interior

Heating Forced Air

Exterior

Exterior Feature Fenced Back

Parking Features Attached, Garage Door Opener

Garage Spaces 1.0

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Story 1

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I063799S

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by EXP Z Real Estate

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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