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$85,000
2 Baths 20261062104 MLS
You found me, and if a brick two-family with income already in place is what you've been hunting for on Detroit's west side, you can stop looking. I'm 13989 Cherrylawn, a brick and vinyl two-family with an original fireplace surround and mantel, arched doorways, a decorative ceiling medallion, and original mosaic tile bathroom flooring, the kind of detail builders don't put in anymore. My hardwood floors are preserved underneath the laminate throughout, waiting for you to reveal them whenever you're ready. A partially finished basement and a 2-car detached garage behind a covered brick porch add everyday convenience. Here's what makes me interesting on paper. One unit is already tenant occupied at 800 dollars a month, and assuming today's roughly 6.75 percent rate, a DSCR loan at 20 percent down puts your cash-on-cash return around 25 percent using that income alone, meaning for every dollar you put in, you'd get about a quarter back every year after the mortgage. Live in the other unit yourself and that same 800 dollars a month can cover the bulk of your payment. Rent both units out at similar rates instead, and a low-down-payment FHA or conventional buyer could see cash-on-cash returns well over 100 percent, since so little cash goes in relative to the income coming back. I sit in the Livernois and Grand River corridor on Detroit's west side, minutes from Henry Ford Hospital and Marygrove College, with quick access to I-96 for a straight shot downtown, the kind of location that keeps tenant demand steady for years to come. Reach out to the listing agent for details.

13989 Cherrylawn St, Detroit

Courtesy of Pretty Home Realty 2489051402

$495,750
2 Beds 2 Baths 20261065568 MLS
Beautifully renovated and meticulously maintained move-in-ready Beverly Hills Ranch that combines timeless character with thoughtful modern updates in the award-winning Birmingham Public Schools district. Approximately 2,260 square feet of living space, including a spacious finished (60%) lower level • Professionally painted interior and exterior • Beautiful solid maple hardwood flooring throughout the great room, hallway, bedrooms, and flex room • Two fireplaces: a natural brick fireplace on the main level and an electric fireplace in the finished lower level • Flexible first-floor room ideal as a home office, nursery, walk-in closet, hobby room, or optional third bedroom • First-floor laundry hookup available for added convenience • Spa-Inspired beautifully renovated primary bathroom featuring a premium Hansgrohe shower system, quartz vanity, designer finishes, and a thoughtfully designed accessible walk-in shower • Spacious great room featuring a coved ceiling, bay window, natural brick fireplace, and abundant natural light • Updated Kitchen featuring warm maple cabinetry, granite countertops, ceramic tile flooring, stainless steel appliances, a gas range, and an adjoining breakfast area that opens seamlessly into the bright four-season sunroom—creating an ideal space for everyday living and effortless entertaining • Bright four-season sunroom with ceramic tile flooring & beadboard ceiling with access to a private patio & beautifully landscaped backyard • Finished Lower Level with luxury vinyl plank flooring, recessed lighting, electric fireplace, and glass block windows • Basement features newly renovated half bathroom, Laundry area with abundant storage and shelving and new sump pump • Newly fenced private backyard with a spacious patio for entertaining and relaxing • Professionally landscaped perennial gardens & freshly painted storage shed with new gutters.

16201 Amherst Ave, Beverly Hills Village

Courtesy of Realty Executives Home Towne 5867264600

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