8655 Pembroke Avenue, Detroit, MI, 48221

Property Details

Description

Prime NW Detroit Opportunity This one is a *no-brainer* for investors or first-time buyers who want instant value in a high-demand area steps from Bagley and Sherwood Forest. This well-kept ½ duplex features **2 bedrooms, 1.5 baths**, a **finished basement**, private driveway, and a **significant, fully fenced backyard** - perfect for a tenant who actually cares about the home (and this one does). Currently **month-to-month**, paying **$1,000/mo**, and open to staying. Tenant pays **all utilities** and maintains the property beautifully, giving you **immediate cash flow**, low overhead, and an **impressive CAP rate** at the $65K price point. Run the numbers - it's tough to beat. Major bonuses: * New mechanics * Strong rental area with rising demand * Minutes from Bates Academy, U of D Jesuit, shopping, and major freeways * Ideal for long-term hold, BRRRR potential, or a low-cost starter home Whether you're stacking doors or stepping into your first one, this property hits every metric. 24-hour notice required for all showings.