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551 Englewood Street, Detroit, Mi 48202

$250,000
  • 551 Englewood Street, Detroit, Mi 48202 Main Photo

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(Short Sale) - Active
BEDS4 BATHS2 full 1 partial SQUARE FEET1,912 MLS#20261056877
STATUS(Short Sale) - Active PROPERTY TYPEResidential - Single Family SUBDIVISIONH U N T L E G G E T T S S U B S 1-2 O F N 1-2 O F 1-4 S E C 24 SCHOOLDetroit

Property Description

This extensively renovated 4-bedroom, 2.5-bath Colonial is currently tenant occupied under an active lease of $2,100 per month ($25,200 annually), offering investors an exceptional opportunity to acquire a high-quality investment property. The property underwent a comprehensive renovation in 2025 featuring a beautifully updated chef's kitchen, remodeled bathrooms, luxury flooring, recessed lighting, new siding, new windows, a new roof, a two-zone furnace system, and numerous additional improvements throughout. Offering approximately 1,712 square feet above grade plus a partially finished basement, this well-appointed home combines excellent long-term investment potential with a prime location just minutes from Midtown and Downtown Detroit. The current tenant is on an agreed-upon repayment plan for prior rent arrearages, with ownership actively collecting under the terms of that agreement. Photos shown were taken prior to the current tenant's occupancy. Tenant occupied-please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

551 Englewood Street | MLS# 20261056877

This single family home located at 551 Englewood Street, Detroit, Mi 48202 is currently listed for sale with an asking price of $250,000. This property was built in 1912 and has 4 bedrooms and 2 full and 1 partial baths with 1912 sq. ft. Englewood Street is located in the H U N T L E G G E T T S S U B S 1-2 O F N 1-2 O F 1-4 S E C 24 subdivision within the Detroit school district. Search H U N T L E G G E T T S S U B S 1-2 O F N 1-2 O F 1-4 S E C 24 real estate on www.hardingrealestateteam.com today.

Property Features

Property Type: Residential - Single Family
Basement: Partially Finished
Basement: Yes
Fenced: Yes
Heating: Forced Air, Natural Gas
Home Style: Colonial
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,756
Year Built: 1912

Feature Descriptions

Days on Site: 11
Exterior: Vinyl Siding
Fencing: Back Yard, Fenced
Lot Dimensions: 30X122.75
Parcel#: W03I002915S
Parking: No Garage
Parking Notes: No Garage
Patio/Porch: Covered, Porch
Sewer: Public Sewer
Summer Tax: 1100
Water: Public
Winter Tax: 656

Room Sizes

Bedroom: 14 X 12

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: EXP Realty Main
Agency Phone: 8885017085

Shown By

Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty

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Estimated Payment

$ 1,617.68 per month $1,398.43 Principal & Interest $146.33 Property Tax $72.92 Homeowner's Insurance

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