$94,000 for Sale
5981 university place, detroit, MI 48224
| Beds 3 | Baths 1 | 964 Sqft | 0.12 Acres |
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Property Description
Great investment opportunity at 5981 University Pl, Detroit, MI! This tenant-occupied home, currently on Section?8, generates $995/month in steady rental income and offers solid long-term potential. Inside, you'll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. Located in a well-connected Detroit neighborhood close to schools, parks, shopping, and public transportation, it’s perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. Showings by appointment only with accepted offer. Buyer’s agent to verify all information.
General Information
Sale Price: $94,000
Price/SqFt: $98
Status: Active
MLS#: 20251013249
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: lodewyck 1
Acres: 0.12
Lot Dimensions: 40X133.38
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 964 sq.ft.
Acreage: 0.12 est.
Year Built: 1948
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom: 12 X 12
Bedroom: 12 X 11
Bedroom - Primary: 14 X 16
Bath - Full: 8 X 7
Paved Road: Paved
Garage: 2 Car
Garage Description: Detached,Driveway
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $2,615
Est. Winter Taxes: $339
Legal Description: W UNIVERSITY PL 127 LODEWYCK SUB NO 1 L53 P26 PLATS, W C R 21/866 40 X 133.38A
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Arianna Lee of National Realty Centers, Inc, Phone: (248) 468-1444
