12935 Payton Street Detroit MI 48224 MLS #81025008595

12935 Payton Street
Detroit, MI, 48224
$131,000
3 Beds
2 Baths
1,030 SqFt
0.11 Acres
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Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Rented, meeting all Section 8 standards, and a ROI of 12.03%. Property features a 3 bedroom 2 bathroom, Section 8 tenant on a yearly lease with a rent of $1,500/month. Seller has other similar properties for sale. Please submit your offer to [email protected] with POF/Preapproval Letter. Seller and agent are related.

Property Details

Price:
$131,000
MLS #:
81025008595
Status:
Active
Beds:
3
Baths:
2
Address:
12935 Payton Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
Mar 8, 2025
State:
MI
Finished Sq Ft:
1,030
ZIP:
48224
Lot Size:
208,739,520 sqft / 0.11 acres (approx)
Year Built:
1943
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I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…

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Schools

School District:
Detroit

Interior

Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, In Basement, Sink, Washer Hookup

Exterior

Architectural Style
Bungalow
Construction Materials
Brick
Parking Features
Detached

Financial

Taxes
$2,118

Map

Community

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12935 Payton Street
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