Property Attributes
- MLS#26022870
- TypeSingle Family
- Listing Status Active
- MunicipalityDetroit City
- CountyWayne
- CityDetroit
- NeighborhoodWOODLAND (PLATS)
- Zip48202
- StyleColonial
- Year Built1908
- Price$ 284,900
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2318
- Lot Size0.12 Acres
Data Source:
MichRIC Datashare (MichRIC, Realcomp, MiRealSource)
Property Description
ATTENTION INVESTORS! Turnkey, income-producing opportunity at 120 Woodland Street, Detroit, MI! This beautifully remodeled 3-level property is professionally appraised at $315,000 and comes with a reliable tenant already in place paying $2,600 per month on a 12-month lease. The tenant has a strong history of paying rent on time, providing immediate cash flow of $31,200 in gross annual rental income from day one. Offering 2318 sq ft, this spacious home features 5 bedrooms, 2.5 updated bathrooms, new flooring, modern finishes, and a beautifully renovated kitchen with granite countertops, stylish cabinetry, and newer appliances. The partially finished basement provides additional usable space, while the oversized backyard adds even more tenant appeal. Ideally located just minutes from New Center and approximately 10 minutes from Downtown Detroit, with convenient access to restaurants, shopping, entertainment, major employers, and freeways. Whether you're expanding an existing port
| Price History | |
|---|---|
| 5/29/2026 | Listed $284,900 |
General Features
| Living Area | 2318 |
|---|---|
| Sewer | Public |
| Heating | Forced Air |
| Possession | Close Of Escrow |
| Patio/Porch Features | Deck,Porch(es) |
| Architectural Style | Colonial |
| Construction Materials | Brick,Vinyl Siding |
| Year Built | 1908 |
| Stories Count | 2 |
| Township | Detroit City |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Private Owned |
| County | Wayne |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | WOODLAND (PLATS) |
| Garage Y/N | false |
| Total Rooms | 12 |
| Status | Active |
| City | Detroit |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5227 |
| Listing Terms | Cash,FHA,VA Loan,Conventional |
| Virtual Tour | https://www.homes.com/property/120-woodland-st-detroit-mi/7b017lzx8wswz/?dk=0ml0725j8q345 |
| Standard Status | Active |
| Tax Assessed Value | 45200 |
| Legal Description | PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S WOODLAND 115 WOODLAND L13 P85 PLATS, W C R 1/130 40 X 124.75 |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Wood |
| Total Fireplaces | 1 |
| Fireplace Features | Living Room |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Laundry Features | In Basement |
| Below Grade Finished Area | 546 |
| Main Level Bedrooms | 1 |
| Total Baths | 4 |
Exterior Features
| Fencing | Full |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.12 |
| Waterfront Y/N | false |
| Building Area Total | 2318 |
| Lot Dimensions | 40 X 125 |
| Lot Size Acres | 0.12 |
| Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating