$174,900 for Sale

3031 lawrence street, detroit, MI 48206

Beds 3 Baths 1 1,964 Sqft 0.10 Acres 1 of 13
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Property Description
SECTION 8 TENANT PAYING $1,424/MONTH! THIS DETROIT BRICK HOME HAS BEEN SIGNIFICANTLY UPDATED - INCLUDING NEWER ROOF, MECHANICALS, PLUMBING, AND ELECTRICAL. PRICED AT $184,900 WITH AN ARV OF $260K+, THIS PROPERTY IS A PRIME BUY-AND-HOLD PLAY WITH HIGH FLIP POTENTIAL. WITH STANDARD INVESTOR FINANCING, IT DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN WHILE BUILDING EQUITY OVER TIME. ENJOY GUARANTEED RENTAL INCOME TODAY AND A HIGH-RETURN EXIT STRATEGY TOMORROW. LOCATED IN A STABLE, HIGH-DEMAND RENTAL POCKET. PROFESSIONALLY MANAGED. LOW MAINTENANCE. HIGH UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER - DO NOT DISTURB TENANT.
General Information
Sale Price: $174,900
Price/SqFt: $89
Status: Active
MLS#: 60924494
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: j w lathrups lawrence & collingwood aves
Acres: 0.1
Lot Dimensions: 35X127.25
Bedrooms:3
Bathrooms:1   (1 full, 0 half)
House Size: 1,964 sq.ft.
Acreage: 0.1 est.
Year Built: 1923
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:  12x14
Bedroom 2 :  11x10
Bedroom 3:  12x10
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen:  12x12
Livingroom:  12x16
Pole Buildings: 
Paved Road:  Paved Street
Garage:  No Garage
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sanitary
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $1,067
Est. Winter Taxes:  $650
HOA fees: 


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(248) 946-1637 Call Kevin Salva for more information about this property.

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Listings Presented by:
Kevin Salva
Call:
(248) 946-1637

Office:
(248) 946-1637

This Home located at
3031 lawrence street, detroit MI 48206
is currently for sale priced at $174,900 and was listed on August, 04, 2025 and has been on the market for 13 days and was last updated on August, 10, 2025.

3031 lawrence street has 3 bedrooms, 1 bathrooms, and approximately 1,964 square feet. This home is in the detroit city school district school district and has a lot size of 35X127.25 with 0.1 acres and was built in 1923. 3031 lawrence street is in the 48206 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.

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