$75,000 for Sale
14110 fairmount drive, detroit, MI 48205
Beds 3 | Baths 1 | 1,522 Sqft | 0.12 Acres |
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Property Description
nvestor's Dream: Tenanted Property with Stable Long-Term Income Welcome to 14110 Fairmount, a solid 3-bedroom, 1-bath brick colonial nestled in Detroit's Regent Park neighborhood. This property is a turnkey investment opportunity, featuring a long-term tenant paying $1,100/month with a lease in place until December 31, 2025. With an exceptional tenant of 10 years who desires to stay, this is a hassle-free addition to your portfolio. Property Highlights: Brick Colonial Charm: Timeless curb appeal with a durable brick exterior and classic architectural features. Spacious Layout: Enjoy a functional floor plan with 3 bedrooms, including a large primary bedroom, and a welcoming living room. Recent Updates: Features include central air, newer carpeting throughout, and modernized windows for added comfort and efficiency. Two-Car Garage: Detached garage with updated doors, offering ample parking and storage. Outdoor Space: A wide driveway and fenced backyard provide additional convenience and privacy. Location Perks: Conveniently located near amenities like Meijer Grocery, Eastland Center, Regent Park Early Learning Center, and public transit for seamless connectivity. With easy access to I-94, commuting to downtown Detroit or nearby suburbs is a breeze. Don’t miss out on this stable, cash-flowing property with a reliable long-term tenant. Perfect for investors looking for long-term security and an opportunity to grow their portfolio.
General Information
Sale Price: $75,000
Price/SqFt: $49
Status: Active
MLS#: rcomi20240094129
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: drennan & seldons regent park no 3 (plats)
Acres: 0.12
Lot Dimensions: 40.00 x 138.00
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,522 sq.ft.
Acreage: 0.12 est.
Year Built: 1931
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 2 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary),Sewer at Street
Watersource: Public (Municipal),Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $3,422
Est. Winter Taxes: $378
Legal Description: S FAIRMOUNT DR 1522 AND N 9 FT OF VAC ALLEY ADJ DRENNAN & SELDONS REGENT PARK SUB NO 3 L59 P88 PLATS, W C R 21/944 40 X 138
IDX provided courtesy of Realcomp II Ltd. via Ideal Real Estate Advisors and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Timothy Moore of Zest Realty LLC, Phone: (248) 270-8238