18433 Norwood • Conant Gardens Historic District
18433 Norwood, Detroit, MI 48234
Conant Gardens Historic District
$59,000
4 Bedrooms | 1.5 Baths | 1627 SF | Built 1930
Monthly rent $1600
Section 8 - 100% paid by the government
Brick Tudor
2 car detached garage
Low taxes on $899 in 2022
Insurance of $960
Stunning 4-bedroom, 1.5-bath Tudor Home in Historic Conant Gardens
Step into history with this beautiful brick Tudor home nestled in the heart of Conant Gardens, Detroit - a neighborhood famous for being home to hip-hop legend J Dilla. This charming, character-filled property offers an attractive rental income of $1,600 per month, fully backed by Section 8, providing a stable and guaranteed income source for investors.
Property Highlights:
- Four spacious bedrooms and 1.5 baths
- Sturdy, timeless brick construction
- Desirable Tudor architectural style
- Section 8 approved, with the government paying 100% of the rent
- Tenants are responsible for utilities, reducing overhead costs for the owner
This is more than just an investment opportunity; it's a chance to own a piece of Detroit's vibrant cultural heritage. Conant Gardens is a historic neighborhood known for its strong community and its contributions to music, particularly the legacy of J Dilla.
Invest in this home and become a part of this fascinating cultural narrative. Enjoy the financial stability offered by government-backed rent, coupled with the reduced overhead costs due to tenant-covered utilities.
No inspections or interior showings prior to an accepted offer. The pics below are all we have at this time. Cash, conventional mortgage, or hard money/private lenders are great. No seller financing on this one.
Don't miss out on this exceptional opportunity to combine a solid investment with cultural heritage in the heart of Conant Gardens. This property won't stay on the market for long.
