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Off-Market

2530 Fullerton Ave

Detroit, MI 48238, USA

List price

$78,000

3

beds

1

baths

930

sq ft

1922-01-01

built

Single Family

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Story

Welcome to this beautifully fully renovated 3-bedroom, 1-bath home located in a growing Detroit neighborhood. This property is move-in ready and perfect for homeowners or investors seeking a turnkey rental opportunity. Key Features: 3 spacious bedrooms with great natural light, 1 updated full bathroom, Formal dining room – ideal for entertaining, Renovated kitchen with modern finishes, Cozy breakfast nook for casual dining, Full basement – perfect for storage or future finishing Recent Updates: Newer flooring throughout, Fresh interior paint, Updated kitchen and bath, Modern lighting and fixtures, Mechanicals updated (buyer to verify) Tenant occupied generating $1200/month Convenient location near schools, shopping, and major roads with easy access to downtown Detroit.

Property details

31 details the seller has shared

31 details

Property

· The bones — what the buyer sees first

Bedrooms

3

Full baths

1

Half baths

0

Finished sq ft

930 sq ft

Year built

1922

Lot size

0.1 acres

Property type

Single Family

Occupancy

Tenant-occupied

Condition (1–5)

5

County

Wayne

Financials

· What it earns and what it costs to hold

Monthly rent

$1,200 /mo

Annual property tax

$150 /yr

Annual insurance

$30 /yr

Cap rate

12.2%

Cash-on-cash return

27%

Monthly cash flow

$340 /mo

Features

· Comfort, climate, and curb appeal

Heating

Central Heating

Cooling

None

Parking

-

Basement

Finished and great condition

Appliances included

-

Flooring

Carpet + Tiles in the kitchen

Roof

Asphalt (8 years warranty)

Exterior

Vinyl Siding + Brick porch

Foundation

Full basement

History & terms

· Past sales, updates, and deal mechanics

Last sold price

$21,000

Last sold date

April 18, 2008

Year renovated

2025

Reason for sale

Owner wants to get rid of the property

Owner type

Individual

Earnest deposit

1000

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