MI > Detroit > Lodewyck 1
Detroit, MI 48224,5981 University Place
$89,000
Est. payment /mo
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3 Beds
1 Bath
964 SqFt
Pending

5981 University Place Detroit, MI 48224

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Kristin Berry

Kristin Berry

+1(248) 860-9146

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Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Pending

Purchase Type For Sale

Square Footage 964 sqft

Price per Sqft $92

Subdivision Lodewyck 1

MLS Listing ID 20251013249

Style Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N no

Year Built 1948

Annual Tax Amount $2,954

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40X133.38

Property Sub-Type Bungalow

Source Realcomp II Ltd

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.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Direction Turn right on Chandler Park Dr onto University Pl

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Parking Features Detached, Driveway

Garage Description 2 Car

Porch Porch

Road Frontage Paved

Garage yes

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID 21077459

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Warranty Deed

Rebuilt Year 2025

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Arianna Lee of National Realty Centers, Inc

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Kristin Berry

Kristin Berry

Agent | License ID: 6501389369

+1(248) 860-9146

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5981 University Place