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$101,000
Est. payment /mo
4 Beds
1 Bath
1,760 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $57
MLS Listing ID 20251056348
Bedrooms 4
Full Baths 1
Year Built 1938
Annual Tax Amount $1,694
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40X107
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Great Investor Opportunity! Located in the desirable Jefferson Chalmers area of Detroit, this brick colonial offers 4 bedrooms, 1 bathroom, an unfinished full basement, and a 2-car garage. Homes in this neighborhood are consistently selling for $200-300k! This is a great property for all types of buyers. Looking for a rental investment? This house is currently being renting out for $1,500 to a great tenant. Looking for a fix and flip project? Check out the comps and you will be shocked at the ARV. The home is livable and full of potential for the right investor looking to add value. Recent updates within the last five years include a new furnace, new hot water tank, updated electrical, and a refreshed kitchen with new flooring, countertop, and sink. The home could benefit from new windows and a small roof repair at the back, leaving plenty of room to customize and improve. Conveniently situated near neighborhood parks, the Detroit River, and the Grosse Pointe communities, this property offers both charm and opportunity. Home is being sold as is. Don't miss your chance to take on this promising project in a sought-after Detroit neighborhood!
Location
State MI
County Wayne
Area Wayne County - 100
Direction E Jefferson Ave Turn onto Lakewood St
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I054758S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Downriver Homes LLC
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