343 Elmhurst Street, Highland Park, MI 48203

$235,000
5
BD
2
BA
2,442
SqFt

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List Price
$235,000
Status
ACTIVE
Days on Market
0
MLS#
20261056873
Subtype
Residential
Style
Colonial
Year Built
1916
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
2,442
Lot Size
4,791
Acres
0.11
Subdivision
Highland Park City

Property Description

This extensively renovated 5-bedroom, 2-bath Colonial is currently tenant occupied with a lease generating $2,100 per month ($25,200 annually), providing immediate rental income from day one. Acquired in 2023 and fully renovated prior to tenant occupancy, the property features updated flooring, fresh paint, a modernized kitchen, renovated bathrooms, newer windows, updated electrical and plumbing, a newer roof, and numerous additional improvements throughout. Offering approximately 2,442 square feet of living space, spacious room sizes, and a versatile floor plan, this property presents an outstanding opportunity for investors seeking a quality, low-maintenance asset with strong long-term appreciation potential. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Additional Information

Taxes
$1,214
Property Description
Colonial
Heating
Forced Air
Stories
2
School District
Highland Park

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jay Naim from Listing Office: EXP Realty Main.

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