16044 Fairmount Drive Detroit MI 48205 MLS #81025020135

16044 Fairmount Drive
Detroit, MI, 48205
$45,000
3 Beds
1 Baths
904 SqFt
0.1 Acres
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Cash-Flowing Investment Property in Detroit – Tenant Occupied! Great opportunity for investors! Located on a quiet, residential street in the heart of Detroit, this tenant-occupied, cash-flowing property is a smart addition to any rental portfolio. Features: Long-term tenant in place for 14 years ,Excellent payment history – currently paying $770/month, Reliable monthly rental income from day one, Potential for value-add improvements to increase equity and returns.With strong rental demand in the area and a stable tenant already in place, this home offers immediate income and long-term potential. Whether you’re a seasoned investor or just starting out, this property is a solid pick for building wealth through real estate.Prime Detroit location \ Investor special \ Turnkey opportunity

Property Details

Price:
$45,000
MLS #:
81025020135
Status:
Active
Beds:
3
Baths:
1
Address:
16044 Fairmount Drive
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
05054 – Det 8 To Gratiot/Houston To 7
City:
Detroit
Listed Date:
May 7, 2025
State:
MI
Finished Sq Ft:
904
ZIP:
48205
Lot Size:
189,747,360 sqft / 0.10 acres (approx)
Year Built:
1942
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Lia LoChirco

Lia LoChirco

Realtor®

Phone 586 321-9997

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
1 Full Bathroom
Heating
Forced Air, Natural Gas
Laundry Features
In Basement

Exterior

Architectural Style
Bungalow
Construction Materials
Vinyl Siding
Roof
Asphalt

Financial

Taxes
$1,013

Map

Community

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Courtesy of Arterra Luxe Collection LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
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16044 Fairmount Drive
Detroit, MI