$164,000
 $880 est/mo Sourced by Back At You

26120 Franklin Pointe Drive,Southfield, MI 48034

Southfield, MI 48034

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Description

Water and Gas covered by the HOA! Excellent investment opportunity with a long-term tenant already in place, making this a true turnkey rental. The current tenant has occupied the property for 8 years and pays $1,800 per month, providing immediate rental income from day one. This spacious 3-bedroom, 2.5-bath condo offers a functional two-story floor plan with generous room sizes, a private patio, and a finished basement for additional living space. The primary bedroom features its own private bathroom, and the layout has made this home a desirable long-term rental. Whether you're looking to expand your portfolio or purchase your first investment property, this is an opportunity to own an income-producing property with an established tenant already in place.

Details

MLS #20261057672
Listing TypeFor Sale
StyleCondominium
HOA Dues$479
Sub-TypeResale
StatusActive
Year1971
Days On Site67
Listing Provided ByCommunity Choice Realty Inc | Joseph Jajo

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,020
BasementY
Story(s)2
Water FrontYes

Interior

Rooms Total5
Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingForced Air, Natural Gas

Exterior

Construction MaterialsBrick, Vinyl Siding
Foundation DetailsBasement, Poured

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo
Parking FeaturesNo Garage

Taxes

Tax Annual Amount2353

Area Information

StateMI
CountyOakland
CitySouthfield
Zip Code48034
AreaSouthfield
Community NameSTONEBROOKE OF SOUTHFIELD OCCPN 1281
School DistrictSouthfieldPublicSchools
High SchoolSouthfieldPublicSchools
Listing VS Median (in STONEBROOKE OF SOUTHFIELD OCCPN 1281)
Price:
$164,000
low | high
Med:
$168,000
47.560975609756% of Average
sqft:
2,020
low | high
Med:
1,778
61.980198019802% of Average
$ / sqft:
$81
low | high
Med:
$97
31.037220528455% of Average
On site:
67
low | high
Med:
49.5
100% of Average
Sourced by Back At You

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Learn More About This Property

StateMI
CountyOakland
CitySouthfield
Zip Code48034
AreaSouthfield
Community NameSTONEBROOKE OF SOUTHFIELD OCCPN 1281
School DistrictSouthfieldPublicSchools
High SchoolSouthfieldPublicSchools
Listing VS Median (in STONEBROOKE OF SOUTHFIELD OCCPN 1281)
Price:
$164,000
low | high
Med:
$168,000
47.560975609756% of Average
sqft:
2,020
low | high
Med:
1,778
61.980198019802% of Average
$ / sqft:
$81
low | high
Med:
$97
31.037220528455% of Average
On site:
67
low | high
Med:
49.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $123K - $205K
sqft: 1,500 - 2,500
Listing Updated: September 28, 2026 at 8:03:49 PM PDT