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5 Beds
4 Baths
2,318 sqft

$284,900

120 Woodland Street, Detroit City Wayne Michigan, 48202

Price per sqft$122.91
Built in1908
Property size2,318 sqft
Property typeResidential

Overview

Active

Updated 4 weeks ago

ATTENTION INVESTORS! Turnkey, income-producing opportunity at 120 Woodland Street, Detroit, MI! This beautifully remodeled 3-level property is professionally appraised at $315,000 and comes with a reliable tenant already in place paying $2,600 per month on a 12-month lease. The tenant has a strong history of paying rent on time, providing immediate cash flow of $31,200 in gross annual rental income from day one. Offering 2318 sq ft, this spacious home features 5 bedrooms, 2.5 updated bathrooms, new flooring, modern finishes, and a beautifully renovated kitchen with granite countertops, stylish cabinetry, and newer appliances. The partially finished basement provides additional usable space, while the oversized backyard adds even more tenant appeal. Ideally located just minutes from New Center and approximately 10 minutes from Downtown Detroit, with convenient access to restaurants, shopping, entertainment, major employers, and freeways. Whether you're expanding an existing port

$1,895/mo

Est. mortgage payment based on a $284,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
81026022870

Interior Features

Bedrooms
5
Bathrooms
4
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

 

Courtesy of eXp Realty, LLC

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Data last updated 6:18 AM UTC, 9/10/2026

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