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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$49,900

Est. payment - /mo

3 Beds

1 Bath

1,088 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,088 sqft

Price per Sqft $45

Subdivision Lefevre Sub Of S 9 Acs Of E 18 Acs Of Pt Sec 12

MLS Listing ID 20261033929

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1941

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type SingleFamilyResidence

Property Description

**INVESTORS** Add this 3 bedroom, 1 bathroom brick bungalow to your portfolio today! Similar 3 bedroom bungalows in the area rent to Section 8 tenants for $1,200-1,350/month, providing excellent cash flow and ROI! The property requires a full rehab, but does feature desirable characteristics such as forced air heating, hardwood flooring under the current flooring in most rooms, a roof with 3 tab shingles that appear to be in decent condition, an updated 100 amp electrical panel, and an original tile bathroom that could likely be salvaged with minimal cost! Located in an improving area of the city, where most of the vacant and dangerous properties have been torn down already! CASH OR HARD MONEY ONLY, NO SELLER FINANCING

Location

State MI

County Wayne

Area Area05054Det8Togratiothoustonto7

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplaces Type LivingRoom, WoodBurning

Fireplace Yes

Exterior

Parking Features NoGarage

Pool None

Community Features Sidewalks

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer, Sewer At Street

Water Public, WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, WarrantyDeed

Listing Terms Cash, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

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Listed by Ryan E Kain of RE/MAX Leading Edge

Nearby Locations

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Erin Raetz

+1(586) 996-8410

14506 Mapleridge ST Detroit, MI 48205

Erin Raetz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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