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Three Lovely Single-Family Residences
2 Holdings Pierson encompasses a collective of 3,944 square feet of living space on 25,961 total square feet of land and includes 3 single-family residences with masonry foundations and sheath siding. This holdings group, built in 2000 and 2004, presents an interesting investment opportunity in a growing area. Each of the 3 residences offers 3 bedrooms, 1.5 bathrooms, gas and forced air for heating, and an attached garage. The 3 residences enjoy nearby access to Schoolcraft Road, with plenty of dining local options, such as Sonny’s Hamburgers, Billy’s Coney Island, and Detroit Family Soul.
Convenient and Traditional
Situated in Detroit’s Brightmoor neighborhood, these assets sit in a community deeply rooted in tradition and connection. Originally developed in 1922 to provide housing for auto industry workers, the area features a variety of architectural styles, including charming ranch homes and elegant Tudor and Colonial Revival designs. Brightmoor thrives with active neighborhood groups like the Brightmoor Artisans Collective, which promotes sustainability through educational programs. Nearby Rouge Park, spanning 1,184 acres, offers abundant recreational opportunities with walking trails, pools, and a golf course. Conveniently located near major routes such as I-96 and Telegraph Road, Brightmoor also ensures easy access to the broader Detroit area.
Investment Potential
This group of single-family residences is listed at $242,640 for the 3 properties and provides investors with an expected rental income of 10.02% and an attractive chance to invest in an emerging neighborhood. This holding group also comes with a $19,500 renovation budget to address any necessary maintenance and general improvements.
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