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Image 1 - 15716 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
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Image 4 - 15716 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
Image 5 - 15716 Cherrylawn St, Detroit, Michigan, 48238 - House for sale
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Cherrylawn St, Detroit, Home For Sale
15716 Cherrylawn St, Detroit, Michigan, 48238

Cherrylawn St, Detroit, Home For Sale

house for sale
Listed: 07/27/24

15716 Cherrylawn St, Detroit, Michigan, 48238

4 Bed:
2 Bath:
1,296 Sq Ft Living Area:
Save
Price
$ 150,000

About This House

Savvy Investors - 100% Occupied Duplex! Amazing opportunity to own a Fully-rented duplex just south of Bagley in the emerging, Fitzgerald-Marygrove neighborhood! This well-maintained duplex features two 2 Bed 1 Bath units. Lower unit is currently leased for $850/month and the upper unit is currently leased at $750/month - totaling $1600/month in rental income. The property includes numerous updates and renovations including new roof, new flooring throughout, newly installed furnaces and hot water tanks, updated kitchens and bathrooms, fresh painting, and much more! (Scope of Work available) There is a driveway and parking pad out back for at least 2 vehicles or street parking is also available . great location - 6 minutes to University of Detroit Mercy and 7 …  Full description

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Fitzgerald/Marygrove Housing & Living

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.