5981 University Place new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 964 sqft
Price per Sqft $97
Subdivision Lodewyck 1
MLS Listing ID 20251013249
Style Bungalow
Bedrooms 3
Full Baths 1
HOA Y/N no
Year Built 1948
Annual Tax Amount $2,954
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40X133.38
Property Sub-Type Bungalow
Source Realcomp II Ltd
Property Description
Great investment opportunity at 5981 University Pl, Detroit, MI! This tenant-occupied home, currently on Section?8, generates $995/month in steady rental income and offers solid long-term potential. Inside, you'll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. Located in a well-connected Detroit neighborhood close to schools, parks, shopping, and public transportation, it's perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. Showings by appointment only with accepted offer. Buyer's agent to verify all information.
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Direction Turn right on Chandler Park Dr onto University Pl
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Parking Features Detached,Driveway
Garage Description 2 Car
Porch Porch
Road Frontage Paved
Garage yes
Private Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Warranty No
Level or Stories 1 1/2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21077459
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional,Warranty Deed
Rebuilt Year 2025
Listing Terms Cash,Conventional,Warranty Deed
Financing Cash,Conventional,Warranty Deed