551 Englewood Street, Detroit, MI 48202 1108
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551 Englewood Street, Detroit, MI 48202 1108
551 Englewood Street, Detroit, MI 48202 1108
551 Englewood Street, Detroit, MI 48202 1108
551 Englewood Street, Detroit, MI 48202 1108
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Realty Executives Home Towne

Realty Executives Home Towne

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$ 250,000
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551 Englewood Street Detroit, MI 48202 1108

4 Beds

3 Baths

1,712 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,712 sqft

Price per Sqft $146

Subdivision Hunt & Leggetts Sub S 1/2 Of N 1/2 Of 1/4 Sec 24

MLS Listing ID 61015016

Style 2 Story

Bedrooms 4

Full Baths 2

Half Baths 1

Abv Grd Liv Area 1,712

Year Built 1912

Annual Tax Amount $1,756

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30X122.75

Property Sub-Type Single Family

Property Description

This extensively renovated 4-bedroom, 2.5-bath Colonial is currently tenant occupied under an active lease of $2,100 per month ($25,200 annually), offering investors an exceptional opportunity to acquire a high-quality investment property. The property underwent a comprehensive renovation in 2025 featuring a beautifully updated chef's kitchen, remodeled bathrooms, luxury flooring, recessed lighting, new siding, new windows, a new roof, a two-zone furnace system, and numerous additional improvements throughout. Offering approximately 1,712 square feet above grade plus a partially finished basement, this well-appointed home combines excellent long-term investment potential with a prime location just minutes from Midtown and Downtown Detroit. The current tenant is on an agreed-upon repayment plan for prior rent arrearages, with ownership actively collecting under the terms of that agreement. Photos shown were taken prior to the current tenant's occupancy. Tenant occupied--please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Exterior

Garage No

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Colonial

Structure Type Vinyl Siding

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main

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551 Englewood Street