Mike Smith
Refine Search

343 Elmhurst Street , Detroit, MI 48203

$235,000
  • 343 Elmhurst Street , Detroit, MI 48203 Main Photo

3 Total Photos [Click to View All]

New to the Market Active
BEDS5 BATHS2 full SQUARE FEET2,442 MLS#20261056873
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONTuxedo Manor Sub SCHOOLHighland Park

Property Description

This extensively renovated 5-bedroom, 2-bath Colonial is currently tenant occupied with a lease generating $2,100 per month ($25,200 annually), providing immediate rental income from day one. Acquired in 2023 and fully renovated prior to tenant occupancy, the property features updated flooring, fresh paint, a modernized kitchen, renovated bathrooms, newer windows, updated electrical and plumbing, a newer roof, and numerous additional improvements throughout. Offering approximately 2,442 square feet of living space, spacious room sizes, and a versatile floor plan, this property presents an outstanding opportunity for investors seeking a quality, low-maintenance asset with strong long-term appreciation potential. Photos taken prior to tenant occupancy are available upon verification of proof of funds. 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.

343 Elmhurst Street | MLS# 20261056873

This single family home located at 343 Elmhurst Street , Detroit, MI 48203 is currently listed for sale with an asking price of $235,000. This property was built in 1916 and has 5 bedrooms and 2 full baths with 2442 sq. ft. Elmhurst Street is located in the Tuxedo Manor Sub subdivision within the Highland Park school district. Search Tuxedo Manor Sub real estate on mikesmith.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.11 Acres
Year Built: 1916

Feature Descriptions

Architecture: Colonial
Exterior: Brick
Foundation: Basement
Frontage Feet: 35
Lot Dimensions: 0.11 Acre(s)
Road Frontage: Paved
Summer Tax: $1026.0000
Winter Tax: $188.1200

Room Sizes

Bath - Full: Level - Second
Bath - Full: Level - First/Entry
Bedroom: Level - First/Entry
Bedroom: Level - First/Entry
Bedroom: Level - Second
Bedroom: Level - Second
Bedroom: Level - First/Entry

Local Schools

School District: Highland Park

Listed By / Shown By

Listed By

Agency Name: EXP Realty Main
Agency Phone: (888) 501-7085

Shown By

Agent Name: Mike Smith
Agent Phone: (586) 382-3167
Agency Title: Key Realty

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,383.06 per month $1,314.52 Principal & Interest $0.00 Property Tax (data not provided by mls) $68.54 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel