Welcome to 19555 Barlow, a newly renovated single-family residence with 3 bedrooms and 1 bathroom in 962 square feet of living space. Situated on a generous 4,400 square-foot lot, this property also includes a detached one-car garage. This property is located near Calimera Park, Casimir Pulaski Elementary-Middle School, and Marruso Park, adding to the residence’s appeal. The house is currently rented by long-term tenants.
Barlow is located in the Pulaski neighborhood, a little over 10 miles from downtown Detroit, which provides a convenient city lifestyle with an affordable cost of living on the East Side. This neighborhood is currently enjoying revitalization efforts, with investors actively working on property enhancements. Pulaski is characterized by gridded streets and closely spaced residential homes. Public transportation, including bus stops along 7 Mile Road, Schoenherr Street, and Hoover Street, facilitates easy travel within the neighborhood, while those with cars can access Michigan Highway 53 for commuting.
Barlow offers an expected rental income of 9.65%, and was acquired for $55,000. The listing price includes a $3,500 renovation budget, addressing upgrades such as roof maintenance, painting, fence enhancements, and deferred maintenance. Additionally, this property is near many of our available and sold-out properties, aligning with RealT’s commitment to economies of scale, leveraging collective efforts to reduce maintenance costs and enhance property values for our investors.