16240 SAINT MARYS Street, Detroit, MI 48235

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$125,000

bedrooms

bathrooms

square feet

1,000

Acreage

0.11

Open Houses

year built

1941

Full Baths

Half Baths

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Excellent investment opportunity! This updated 3-bedroom, 1.5-bath home features a finished basement and a 1-car garage, offering solid functionality and appeal. The property is being sold subject to an existing lease with a long-term Section 8 tenant in place at $1,300/month, generating $15,600 in annual rental income. Ideal for investors seeking dependable, government-backed rental payments and immediate cash flow. A turnkey addition to any rental portfolio.

Location
Subdivision	GREENFIELD ACRES SUB (PLATS)
County	Wayne
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 20250024186

Listing agent: Anthony J Trucano

Listing broker: M77 Llc (248) 649-7200

Last update: Wednesday, April 9 2025 at 1:42 a.m. EDT

Kotohomes National