Property Type:
Residential
Bedrooms:
3
Baths:
1
Square Footage:
896
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$82,500
List Date:
10/10/2025
Last Modified:
12/19/2025
19961 Joann Street, Detroit, MI 48205
$82,500
Description
Great Investment Opportunity - Tenant Occupied Brick Bungalow!Charming brick home offering potential for future growth and returns, currently leased through December 2026 and generating $1,019/month in rental income. Featuring two comfortable bedrooms on the main floor and a spacious bedroom on the third, this home offers ample space for rest and refreshment. The partially finished basement provides valuable storage space and potential to be transformed into a rec room, play area, or home gym. Convenient location with easy access to 8 Mile and Gratiot. Whether you're adding to your portfolio or just starting out, this is one opportunit you won't want to miss. Inquire today!
More Information MLS# 25052405
Location & Property Info
Cross Streets: Joann Ave, Fairmount Dr
Property Sub-Type: Single Family Residence
Municipality: Detroit City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 92.08
General Property Info
New Construction: No
Lot Dimensions: 40 x 130
Road Frontage: 40
Garage Y/N: Yes
Garage Spaces: 1
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 6
Total Fin SqFt All Levels: 896
SqFt Above Grade: 896
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 721
Building Total SqFt: 896
Total Beds Above Grade: 3
Main Level Primary: No
Stories: 2
School District: Detroit
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.12
Lot Square Footage: 5227
Year Built: 1942
Total Bedrooms: 3
Full Baths: 1
Total Baths: 1
Tax Info
Taxable Value: 19052
SEV: 25000
For Tax Year: 2024
Seller's Annual Property Tax: 3630
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: unknown
Tax ID #: 21030767.
Remarks & Misc
Public Remarks: Great Investment Opportunity - Tenant Occupied Brick Bungalow!Charming brick home offering potential for future growth and returns, currently leased through December 2026 and generating $1,019/month in rental income. Featuring two comfortable bedrooms on the main floor and a spacious bedroom on the third, this home offers ample space for rest and refreshment. The partially finished basement provides valuable storage space and potential to be transformed into a rec room, play area, or home gym. Convenient location with easy access to 8 Mile and Gratiot. Whether you're adding to your portfolio or just starting out, this is one opportunit you won't want to miss. Inquire today!
Legal: W JOANN S 8 FT 177 N 32 FT 178 GRANGEWOOD GARDENS NO 1 SUB L59 P53 PLATS, W C R 21/929 40 X 130.01
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
In Basement: 1
Sink: 1
Exterior Material
Brick: 1
Parking Features
Detached: 1
Garage Faces Front: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 1
Upper Level Square Feet: 175
Total Baths Above Grade: 1
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 721
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 721
Driveway
Concrete: 1
Substructure
Full: 1
Kitchen Features
Eating Area: 1
Additional Items
Basement Partially Finished: 1
Water Heater
Natural Gas: 1
Fencing
Fenced Back: 1
Chain Link: 1
Patio and Porch Features
Patio: 1
Porch(es): 1
Flooring
Carpet: 1
Other: 1
Architectural Style
Bungalow: 1
Possession
See Remarks: 1
Subject To Tenant Rights: 1
Location Property Info
County: Wayne
Street #: 19961
Street Name: Joann
Suffix: Street
State: MI
Zip Code: 48205
Zip (4): 1743
Area: Wayne County - 100
OfficeContract Info
Status: Active
List Price: $82,500
Current Price: $82,500
Listing Date: 2025-10-10
Property Features
Laundry Features: In Basement; Sink
Exterior Material: Brick
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public
Utilities Attached: Natural Gas Connected
Kitchen Features: Eating Area
Additional Items: Basement Partially Finished
Heat Source: Natural Gas
Heat Type: Forced Air
Water Heater: Natural Gas
Fencing: Fenced Back; Chain Link
Flooring: Carpet; Other
Patio and Porch Features: Patio; Porch(es)
Parking Features: Detached; Garage Faces Front
Architectural Style: Bungalow
Driveway: Concrete
Street Type: Paved
Terms Available: Cash; Conventional
Possession: See Remarks; Subject To Tenant Rights
Sale Conditions: None
Room Information
Kitchen
Level: Main
Living Room
Level: Main
Bathroom 1
Level: Main
Bedroom 2
Level: Main
Bedroom 3
Level: Main
Primary Bedroom
Level: Upper
Listing Office:
Trowbridge Realty
Listing Agent:
Stanley Dickson
Last Updated: December - 19 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively 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.
