15909 Maddelein Detroit

$59,900
SKU: 2026
Property type: House
Area (Sq Ft)
900
Bedrooms
3
Bathrooms
1

Financial Details

  • Est Rent PCM: $850
  • Yearly Income: $10200
  • Management: $1020
  • Taxes: $802
  • Insurance: $550
  • Net Income: $7828
  • Net Yield: 13.07%

Description

This three bedroom/one bathroom single-family home is located on 15909 Maddelein Street in the Regent Park neighborhood of Detroit. Found on the northeastern border of the city it is a diverse community home to Boulder-McGregor Park and the Heilmann Recreation Center. It is accessed by all major freeways and has excellent public schools, hospitals, parks and nearby commercial centers.

The 900 square foot property built in 1942 has a 5,227 square foot lot with a nice private yard.

The property is currently rented by a cash-paying tenant.