8897 Hartwell Street
Detroit, Michigan 48228
3
Bed
1.5
Bath
1,080Sqft
0.11Acre(Lot)
Turnkey investment opportunity with immediate income already in place. This updated brick property is currently tenant occupied at $1,400 per month, with a lease secured through October 2026, allowing you to step into cash flow from day one without the time or expense of placing a tenant. At the current rental rate, the property produces $16,800 annually in gross rental income, delivering an attractive rent-to-price ratio of over 15% gross annual return before expenses. With today’s DSCR lending environment, the existing rental income positions this property well for investors seeking strong debt-service coverage and cash-flow potential. The home itself has been thoughtfully updated to support long-term tenant satisfaction and minimize future capital expenses. Featuring 3 bedrooms and 1.5
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1.5 Full Baths: 1 Half Baths: 1 -
Room Information
Total Rooms: 7Interior Features
High Spd Internet Avail Basement Description: Unfinished Fireplace: Yes -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasFireplace
Living RoomWater Heater
Natural Gas
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Building Information
Year Built: 1936 Building Stories: 1 1/2 Story Fireplace: Living Room Foundation/Basement: Basement Architecture: Bungalow -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.11 Lot Dimensions: 41.5X118.92 Frontage Feet: 41 -
Property Information
SQ ft: 1080 Subdivision: Robert M Grindleys Sub 5 Financing: Cash,Conventional,FHA
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Listing Price Information
Original List Price: $110,000 -
Listing Information
Possession: Rental Agreement Legal Description: W HARTWELL N 41.50 FT OF E 118.92 FT 27 LYG W OF & ADJ HARTWELL AVE AS WD ROBERT M GRINDLEYS SUB NO 5 L31 P18 PLATS, W C R 22/559 41.50 X 118.92
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Tax Information
Annual Tax: $2,267 Parcel Number: W22I029454S -
Possession
Rental Agreement -
Legal Information
Legal Description: Section: W HARTWELL N 41.50 FT OF E 118.92 FT 27 LYG W OF & ADJ HARTWELL AVE AS WD ROBERT M GRINDLEYS SUB NO 5 L31 P18 PLATS, W C R 22/559 41.50 X 118.92
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
Fire Place Information
Fire Place: Yes Fire Place Location: Living Room Fire Place Type: Natural -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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ByOwner last updated this listing 06/19/2026 @ 06:48
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