20490 Hanna Street
HighlandPark, MI 48203
- 4 beds
- 2 baths
- 1,276 sqft
- 3,920 sqft lot
- $46 per sqft
- 1947 build
- – on site
Long-Term Tenant Investment Opportunity – Detroit Brick Bungalow An incredible investment opportunity awaits at 20490 Hanna St! This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease. They would prefer to stay, but can move if needed. With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow. Situated near the new Amazon warehouse and major freeways, the location offers easy access and convenience for tenants. This home features a full basement, providing ample storage, and a detached garage for additional parking. The bathroom has been updated with new flooring, and the home offers plenty of space with 4 bedrooms, making it a solid investment with future growth potential whether it's with cash or sec 8 paying tenants. Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value. Don’t miss out on this prime investment opportunity in a growing area of Detroit!
Listing courtesy of REALCOMP / Zest Realty LLC
Last checked:
Checking…
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Last updated Dec 23, 2024
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MLS# 20240072639 —
The Building
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Year Built:1947
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Bungalow
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Levels:OneandOneHalf
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Entry Location:Ground Level w/Steps
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Basement:Unfinished
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Basement:true
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Foundation Details:Basement, Block
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Above Grade Finished Area:1276.0
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Below Grade Total Area:537
Interior
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Fireplace:false
Room Dimensions
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Living Area:1276.0
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Living Area Source:Estimated
Location
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Directions:S of EightE of I 75
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Cross Street:S of EightE of I 75
The Property
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Parcel Number:W09I020344S
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Property Type:Residential
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Property Sub Type:SingleFamilyResidence
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Lot Size Acres:0.09
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Lot Size Area:0.09
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Lot Size Dimensions:40.00 x 100.00
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Lot Size Units:Acres
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Road Frontage Feet:40
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 408-9453
- Office phone:
- (248) 270-8238
Taxes
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Tax Legal Description:E HANNA N 15 FT 950 S 25 FT 951 EIGHT-OAKLAND SUB NO 1 L37 P23 PLATS, W C R 9/176 40 X 100
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Tax Assessed Value:9375
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Tax Annual Amount:1050.0
Beds
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Bedrooms Total:4
Baths
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Bathrooms Total:2
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Bathrooms Full:1
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Bathrooms Half:1
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public, WateratStreet
Schools
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High School District:Detroit
The Community
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Subdivision Name:EIGHT-OAKLAND SUB NO 1 (PLATS)
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Association:false
Parking
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Garage:true
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Garage Spaces:1.0
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Attached Garage:false
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Parking Features:OneCarGarage, Detached
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Zest Realty LLC
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$58,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$315
|
Taxes | $87 |
Insurance | $16 |
Utilities | $164 See report |
Total | $582/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/27/24
Nov 27, 2024
|
Listed / Active | REALCOMP | $58,900 |