15001 Flanders Street

Detroit City, MI 48205

LOCATED 8 MINUTES FROM THE INFAMOUS EAST ENGLISH VILLAGE DISTRICT, YOU WILL FIND 15001 FLANDERS NESTLED ON A 4,485 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS BRICK CROWN JEWEL BOASTS A NEWER ROOF AND ALL BRAND NEW WINDOWS TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. SHE IS RECENTLY REMODELED AND BOASTS 2 SPACIOUS BEDROOMS AND 1 BATHROOM. IN ADDITION, THIS HOME HAS ALL NEW ELECTRICAL AND BRAND NEW FURNACE/HOT WATER TANK TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1,350 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER’S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Listing courtesy of KW Domain: [email protected]



IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2025 Realcomp II Ltd. Shareholders.

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 and that the data is deemed reliable but not guaranteed accurate by the MLS.