Attention investors and first-time home buyers! This brick colonial features a spacious layout with plenty of potential. It is conveniently located with easy access from Outer Dr E and Dickerson Ave, just one block away from Edward "Duke" Ellington Conservatory of Music and 2 minutes away from Chandler Park Golf Course. While it might need TLC, it has the potential to become a good addition for a rental portfolio. Once renovated, the property may have the potential to rent for approximately $1300 per month, which could offer a favorable return on investment. Buyers are encouraged to conduct their own due diligence regarding rental income and investment projections. The highlight of this property is the location. Don't miss this opportunity!! Come and see for yourself! Selling in AS-IS condition. All measurements are estimated. Buyer and agents to verify all information. Property is vacant.
| MLS # | 61018328 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1939 |
| Days On Site | 73 |
| Listing Provided By | RE/MAX Leading Edge | Andreina Mendoza-Herrera |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,402 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.14 |
| Rooms Total | 7 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Natural Gas, Forced Air |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Basement |
| Garage Yes / No | No |
|---|
| List Aor | Real Comp |
|---|
| Property | 2715 |
|---|
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48213 |
| Area | Detroit (82001) |
| Community Name | Gratiot Gardens |
| Listing VS Median (in Gratiot Gardens) | |
Price: $70,000 low | high Med: $105,000 sqft: 1,402 low | high Med: 2,043 $ / sqft: $50 low | high Med: $59 On site: 73 low | high Med: 26.5 | |
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48213 |
| Area | Detroit (82001) |
| Community Name | Gratiot Gardens |
| Listing VS Median (in Gratiot Gardens) | |
Price: $70,000 low | high Med: $105,000 sqft: 1,402 low | high Med: 2,043 $ / sqft: $50 low | high Med: $59 On site: 73 low | high Med: 26.5 | |