8220 Burt Rd, Detroit, MI 48228

$48,000
3
BD
2
BA
1,004
SqFt

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Sold Price
$48,000
List Price
$45,000
Status
CLOSED
Closing Date
Oct 17, 2025
MLS#
20250020058
Subtype
Residential
Style
Bungalow
Year Built
1941
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,004
Acres
0.12
Subdivision
ROUGE PARK SUB
MLS Area Major
05092 - Det - Joy-Dbn Ht Grnfld-Limits

Property Description

Welcome to 8220 Burt road in the Warrendale neighborhood of Detroit. This house is a dream for a new or seasoned investor as the property collecting an astounding 16.2% ROI, or 110% cash on cash for an investor using a DSCR loan. This house has been fully renovated over the last 2 years with new kitchen, windows, flooring, paint, etc, and due to this our tenants do not want to leave. Tenants are cash paying and do not miss a month. Seller also has other cash flowing rentals in the city he would be willing to package together for the right investor. No showings without an accepted offer to not disturb our tenant

Additional Information

Taxes
$644
Property Description
Bungalow
Heating
Forced Air, Natural Gas
Levels
One
Foundation
Basement, Block
Parking Features
1 Car, Detached
Garage
1 Car, Detached
Garage Spaces
1
School District
Detroit

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Calculator source: Real Geeks

Courtesy of RE/MAX First 5867812900

Selling Office: Palladium Realty.