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551 Englewood Street, Detroit, MI 48202

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

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New to the Market Active
BEDS4 BATHS2 full 1 partial SQUARE FEET1,712 MLS#20261056877
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHunt & Leggetts Sub S 1/2 Of N 1/2 Of 1/4 Sec 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 1712 sq. ft. Englewood Street is located in the Hunt & Leggetts Sub S 1/2 Of N 1/2 Of 1/4 Sec 24 subdivision within the Detroit school district. Search Hunt & Leggetts Sub S 1/2 Of N 1/2 Of 1/4 Sec 24 real estate on www.danielle-realty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Partially Finished
Fenced: Yes
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.09 Acres
Year Built: 1912

Amenities

Fenced

Feature Descriptions

Architecture: Colonial
Days on Site: 1
Exterior: Vinyl
Foundation: Basement
Frontage Feet: 30
Lot Dimensions: 0.09 Acre(s)
Lower Level Finished Sqft: 200
Road Frontage: Paved
Summer Tax: $1100.0000
Winter Tax: $656.0000

Room Sizes

Bath - Full: Level - Basement
Bath - Lav: Level - First/Entry
Bedroom: Level - Second
Bedroom: Level - Second
Bath - Full: Level - Second
Bedroom: Level - Second
Bedroom: Level - Second

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: EXP Realty Main
Agency Phone: (888) 501-7085

Shown By

Agent Name: Danielle Strickler
Agent Phone: (419) 290-9674
Agency Title: Key Realty

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Estimated Payment

$ 1,471.35 per month $1,398.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's Insurance

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