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Jenn Smart

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6300 Canyon , Grosse Pointe, MI 48236
$125,000
Est. Payment: $651.39/mo
2 Bed
2 Bath
882 Sqft
Status: active with contingency | Days on site: 14
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Investment opportunity in Detroit near the Grosse Pointe border. This solid brick ranch offers 3 bedrooms, 1.5 baths, and a full basement, freshly updated throughout with new vinyl plank flooring, fresh paint, and a new furnace and water heater for worry-free ownership from day one. The renovated kitchen features new cabinetry, butcher block countertops, a subway tile backsplash, and appliances included, while the main bath offers a tile floor and tub with tile surround. The finished basement with vintage bar and half bath adds bonus living and entertaining space. A covered front porch, corner lot, and 1 car garage round it out. Currently tenant-occupied and producing income from day one, this is a true buy and hold play. Only available as part of a 10-home portfolio package across Warren, Roseville, and Detroit for investors looking to scale. Priced to perform for buy and hold investors seeking immediate cash flow. Do not disturb tenants. Interior showings with accepted offer only. Gross Rent: $1,500/month

Highlights

Listed by Michael Allen , 248-914-0847 National Realty Centers, Inc , 248-724-1234. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.11

Year Built

1950

County

Wayne

Area

Detroit (82001)

Neighborhood

Yorkshire Woods 5

School District

Detroit City School District

Listing ID

61016894

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Range/Oven, Refrigerator
Above Ground Sq Ft:882
Below Ground Sq Ft:882
Basement:Finished
Water:Public Water

Exterior Features

Lot Dimensions:40X119
Others:
  • Additional:Patio
Parking Features:Detached Garage,Side Loading Garage
Principal Interest
$651
Taxes
$296

Home Price

$125,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$25,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$651.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $651.39 $296.00 $0.00 $947.39
Yearly $7,816.71 $3,552.00 $0.00 $11,368.71
Total $234,501.26 $106,560.00 $0.00 $341,061.26
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Grosse Pointe, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Data last updated: 2026-09-02T01:10:54.300Z

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