Property photo 1
3 Beds
2 Baths
1,025 sqft

$84,900

19930 Biltmore Street, Detroit MI, 48235 2427

Price per sqft$82.83
Built in1950
Property size1,025 sqft
Property typeResidential

Overview

Active

Listed Oct 23, 2026

Updated 10h ago

Turnkey Cash-Flowing Investment Opportunity! Excellent opportunity to acquire an income-producing property with a reliable tenant already in place paying $1,000 per month. For investors looking to add immediate cash flow to their portfolio without starting from vacancy, this property offers a strong combination of existing income, tenant stability, and long-term upside. The home provides a functional layout and solid rental appeal, making it well suited for a buy-and-hold strategy. With an established paying tenant in place, the next owner can step into an operating rental from day one and avoid the initial leasing, turnover, and vacancy period that often comes with acquiring investment property. The location adds to the investment value. Convenient access to major Detroit roadways, shopping, restaurants, schools, parks, employment centers, and everyday amenities helps support continued rental demand and long-term tenant appeal. This makes the property an attractive option for investors focused on dependable cash flow and portfolio growth. Whether you're purchasing your first rental or expanding an existing portfolio, this property offers a straightforward opportunity to acquire a stabilized asset with income already being generated. Currently rented for $1,000 per month with a good-paying tenant in place. DO NOT DISTURB TENANT. Showings by confirmed appointment only. Novation: Buyer has equitable interest in the property and is marketing the property with the owner's authorization in order to locate a new buyer. BTVAI: Buyer to verify all information on listing.

$565/mo

Est. mortgage payment based on a $84,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
61041482

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$1,938
Tax Frequency
Annually
Municipality
Detroit
MLS provider logo

Listed by Sonny Kaushik with Ikon Property Group
Listing Contact: 810-209-9995 

Based on information originating from the MiRealSource as of 10/24/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/24/2026 at 1:40 PM UTC

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