For sale

15894 Fordham Street
Detroit, MI 48205

$90,000

Bedrooms
3
Bathrooms
1
Finished sq ft
1,028
Lot
0.10 acres
Year built
1949
Property type
Single Family Residence
County
Wayne
MLS #
20261073708

About this home

15894 fordham street ---CALLING ALL INVESTORS—TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.