12477 Loretto Street Detroit MI 48205 MLS #20261030806

Welcome to 12477 Loretto, a prime investment opportunity located in the growing city of Detroit. Whether you’re an investor looking to expand your portfolio or a buyer seeking the perfect house-hack opportunity, this property offers strong income potential and long-term upside.

This home features 2 bedrooms, each with rental potential of $1,200 per month, generating a total gross monthly income of $2,400, which equals $28,800 annually in projected rental income. With the right management and light improvements, this can become a proven cash-flowing asset.

The property does need minor upgrades and cosmetic improvements, making it ideal for investors who want to add value and increase equity quickly. A little work can go a long way in maximizing rents and resale value.

Location Highlights:

* Convenient access to Downtown Detroit, offering jobs, entertainment, dining, and nightlife
* Close to major freeways for easy commuting throughout Metro Detroit
* Near public transportation for added tenant convenience
* Located within reach of respected local school options and educational resources
* Strong rental demand area with continued neighborhood growth potential

Perfect For:

* Buy-and-hold investors
* First-time investors
* House hackers looking to live in one unit and offset expenses
* Renovators seeking equity upside

Don’t miss this chance to secure an affordable income-producing property in one of Michigan’s most recognized rental markets. 12477 Loretto is your opportunity to build wealth through real estate.