Available
$34,900(ARV: $140,000)25% of ARV

Wayne County, Detroit, MI 48214

4 bd1 ba1,480 sfBuilt 1914

3 days ago

Gross spread$105,100

Description

A great investment opportunity in Detroit. A classic 1.5-story single-family house, 4 Bedrooms, 1 Bath, 1,480 Sqft, with a partial basement. The HVAC, Plumbing and Electrical panel are in good condition. The Water heater is old. Will be delivered vacant at closing. A wonderful Fix & Flip or Buy & Hold opportunity! Investment Highlights Estimated rent is $1,850 per month Two similar houses, but in worse condition, sold for $45,000 and $60,000 Upstairs bedrooms plus a large bonus room Attic storage Unfinished partial basement providing dedicated storage and utility space Vinyl siding with a brick foundation Covered front porch with columns, railings, and front dormer 3,049 sq ft lot For additional Information, call or text our disposition team at: [contact details hidden] or [contact details hidden]

$/sqft vs market

This deal$24/sqft
Market median$103/sqft
Difference−77% below

Median of 6 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms1
Square feet1,480
Lot size3,049 sf
Year built1914
ConditionMajor Repair
OccupancyVacant
ParkingUnassigned

Systems & condition

Roof age11-20 yrs
HeatingFurnace · 11-20 yrs
Air conditioningCentral AC
FoundationOther
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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