16191 ferguson street, detroit, MI 48235

Classic charm meets reliable investment potential in this solid 1947 brick home located at 16191 Ferguson St. Currently leased to a dependable Section 8 tenant at $1,100/month - with consistent, on-time payments and strong potential for increased market rent - this property offers immediate cash flow for investors. The home features a practical 3-bedroom, 1-bath layout with a warm and inviting fireplace, forced-air heating, and a partially finished basement perfect for additional living space, a home office, or gym. Additional highlights include an attached garage, fenced backyard for privacy, and a desirable location in Detroit's Crary neighborhood, just minutes from Grand River Avenue and major freeways. While formal renovation records are limited, the home includes durable brick construction, an asphalt roof reportedly in good condition, working kitchen appliances (included in the sale), and a finished basement section. Ideal for both owner-occupants and savvy investors looking for a turnkey opportunity with value-add potential.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Chad Apap of EXP Z Real Estate

This listing last updated: Fri, June 20, 2025 at 12:02:12 PM EDT

MIRealSource Listing Data Last Updated On Friday, July 4 2025 at 11:09am