3981 Guilford Street
Detroit, MI 48224
- 3 beds
- 1 bath
- 960 sqft
- 5,227 sqft lot
- $117 per sqft
- 1949 build
- – on site
Turnkey Rental Property, Renovated in 2024, Leased Through 2026. Investors, don't miss this turnkey rental property renovated in 2024, offering immediate cash flow and long-term stability. The property is leased for $1,125 per month until January 31, 2026, with a tenant already in place. With its recent renovations, including a modern kitchen with granite countertops and a stylish subway tile backsplash, this home requires minimal upkeep and offers an attractive rental experience for tenants. The property features a two-car garage, providing added convenience and storage space. Located within walking distance of Warren Ave shops and restaurants, including local favorites like Cadieux Cafe, SAVOY, and Warren Coney Island Grill, as well as Mack Ave dining and shopping options, this location offers tenants a vibrant, walkable neighborhood. With a long-term lease in place, this is a great opportunity for consistent rental income and long-term growth. Don’t miss out on this excellent investment opportunity in a thriving rental market. To respect the tenant's privacy, showings will be scheduled only after an accepted offer.
Last checked:
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Checking…
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Last updated Mar 20, 2025
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MLS# 20250017035 —
The Building
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Year Built:1949
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Year Remodeled:2024
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New Construction:false
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Construction Materials:AluminumSiding
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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:960.0
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Below Grade Total Area:768
Interior
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Fireplace:false
Room Dimensions
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Living Area:960.0
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Living Area Source:PublicRecords
Location
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Directions:From Windsor...N on Guilford
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Cross Street:Windsor and Guilford
The Property
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Parcel Number:W21I075834S
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Lot Size Acres:0.12
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Lot Size Area:0.12
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Lot Size Dimensions:45.00 x 114.00
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Lot Size Units:Acres
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Road Frontage Feet:45
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 405-0760
- Office phone:
- (248) 347-3050
Taxes
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Tax Legal Description:W GUILFORD N 45 FT 44 GROSSE PTE HIGHLANDS SUB L36 P61 PLATS, W C R 21/814 45 X 114.46
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Tax Assessed Value:13732
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Tax Annual Amount:1407.0
Beds
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Total Bedrooms:3
Baths
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Total Baths:1
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Full Baths: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
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Water Source:Public
Appliances
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Appliances:FreeStandingRefrigerator
Schools
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High School District:Detroit
The Community
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Subdivision Name:GROSSE POINTE HIGHLANDS SUB (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:2.0
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Attached Garage:false
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Parking Features:TwoCarGarage, Detached
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
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
$112,500
| 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. |
$602
|
| Taxes | $117 |
| Insurance | $30 |
| Utilities | $146 See report |
| Total | $895/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.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/19/25
Mar 19, 2025
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Listed / Active | REALCOMP | $112,500 | |
|
3/18/25
Mar 18, 2025
|
Delisted / Withdrawn | REALCOMP | $112,500 | 150.0% |
|
6/6/24
Jun 6, 2024
|
REALCOMP | $45,000 |
