24746 CUNNINGHAM Avenue Active Save Request In-Person Tour Request Virtual Tour
Warren,MI 48091 4420
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,105 sqft
Price per Sqft $131
Subdivision S/P Ladd Center
MLS Listing ID 60950301
Style 2 Story
Bedrooms 3
Full Baths 1
Half Baths 1
Abv Grd Liv Area 1,105
Year Built 1941
Annual Tax Amount $3,683
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 60.00 x 134.00
Property Sub-Type Single Family
Property Description
Turnkey Warren Investment! APPROVED Certificate of Occupancy issued by the City of Warren, rental certified and fully renovated in 2021, this 3-bed, 1.5-bath bungalow is ready to cashflow from day one. A long-term Section 8 tenant has been in place since Dec 2022, paying $1,448/month through Nov 2025, fully covered by the program for reliable income. Rent Increase to $1550 Monthly is pending approval from the housing authority. Tenant handles utilities and yard maintenance, with professional management already in place. Check out the neighborhood - nearby homes sell for much more making this a rare value play. Close, collect rent, and watch equity grow.
Location
State MI
County Macomb
Area Warren (50023)
Interior
Interior Features DSL Available
Heating Forced Air
Cooling Central A/C
Appliance Dishwasher,Disposal,Microwave,Range/Oven,Refrigerator
Exterior
Garage No
Building
Story 2 Story
Foundation Crawl
Water Public Water
Architectural Style Bungalow
Structure Type Vinyl Siding
Schools
School District Center Line Public Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional