SECTION 8 TENANT PAYING $1,424/MONTH! THIS DETROIT BRICK HOME HAS BEEN SIGNIFICANTLY UPDATED — INCLUDING NEWER ROOF, MECHANICALS, PLUMBING, AND ELECTRICAL. PRICED AT $184,900 WITH AN ARV OF $260K+, THIS PROPERTY IS A PRIME BUY-AND-HOLD PLAY WITH HIGH FLIP POTENTIAL. WITH STANDARD INVESTOR FINANCING, IT DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN WHILE BUILDING EQUITY OVER TIME. ENJOY GUARANTEED RENTAL INCOME TODAY AND A HIGH-RETURN EXIT STRATEGY TOMORROW. LOCATED IN A STABLE, HIGH-DEMAND RENTAL POCKET. PROFESSIONALLY MANAGED. LOW MAINTENANCE. HIGH UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
Property Details
Price:
$184,900
MLS #:
20251023585
Status:
Active
Beds:
3
Baths:
1
Address:
3031 Lawrence Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
J W LATHRUPS LAWRENCE & COLLINGWOOD AVES
Neighborhood:
05032 – Det – 6 To 8, Grnfld To Limits
City:
Detroit
Listed Date:
Aug 3, 2025
State:
MI
Finished Sq Ft:
1,964
ZIP:
48206
Year Built:
1923
See this Listing
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
Exterior
Architectural Style
Colonial
Construction Materials
Brick
Parking Features
No Garage
Financial
Taxes
$1,717
Map
Community
- Address3031 Lawrence Street Detroit MI
- SubdivisionJ W LATHRUPS LAWRENCE & COLLINGWOOD AVES
- CityDetroit
- CountyWayne
- Zip Code48206
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