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3 Beds
2 Baths
1,406 sqft

$239,900

2744 Lawrence Street, Detroit City Wayne Michigan, 48206

Price per sqft$170.63
Built in1924
Property size1,406 sqft
Property typeResidential

Overview

Active

Updated 4 weeks ago

ATTENTION INVESTORS! Turnkey cash-flow opportunity at 2744 Lawrence Street, Detroit, MI 48206! This beautifully renovated 3-bedroom, 1.5-bath brick colonial comes with a new tenant already in place, paying $1,800 per month on a 12-month lease that began in July 2026, generating $21,600 in gross annual rental income from day one. Professionally appraised at $259,000 (full report available upon request), this property offers immediate income and long-term value. Recent renovations include a stunning kitchen with granite countertops, new cabinetry, brand-new stove, refrigerator, and dishwasher, new flooring throughout, fresh paint, updated bathrooms, modern lighting, and a new furnace. Additional features include a spacious living room, formal dining room, unfinished attic with future value-add potential, large private backyard, and detached 2-car garage. Ideally located just minutes from Boston-Edison, New Center, Downtown Detroit, major freeways, shopping, restaurants, and entertainment

$1,596/mo

Est. mortgage payment based on a $239,900 home price.

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

Additional information

MLS® ID
81026025777

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$1,450
Tax Frequency
Annually
Garage
Yes

 

Courtesy of eXp Realty, LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christine Champlin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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.

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Originating MLS:
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Data last updated 6:58 AM UTC, 9/10/2026

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