$50,000
$64,900
23.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
750 SqFt
SOLD DATE : 06/10/2022
Key Details
Sold Price $50,000
Property Type Single Family Home
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $66
Subdivision Schultes Academy Manor Sub
MLS Listing ID 2220037262
Sold Date 06/10/22
Style Ranch
Bedrooms 2
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1950
Annual Tax Amount $1,127
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40.00X100.00
Property Sub-Type Ranch
Property Description
**INVESTORS** Here is the Northwest Detroit/48221 opportunity you have been waiting for! This 2 bedroom brick RANCH needs light cosmetics, gutters, and a furnace to be the perfect cash cow to add to your portfolio! The property features vinyl windows, a 3-year old 3D architectural shingle roof, newer carpet, a spacious basement, an updated electrical panel, and much more! Located less than 1.5 miles from the University of Detroit-Mercy, 2 miles from Ferndale, and less than a minute from the Lodge Freeway, this property will be an ideal rental for you for years to come. If flipping is your game, redo the kitchen and bathroom and sell it to a homeowner, as 2 bedroom comps in the area have gotten as high as 100-105K! Finally, the property is located in the McNichols/Livernois Strategic Neighborhood Fund area, which has seen property values skyrocket, with 10s of millions of public and private investment! Listing agents are the owners and are licensed real estate agents in Michigan.
Location
State MI
County Wayne
Area Det 6-8 Grfld-Dequindre
Direction South of 7 Mile between Meyers and Wyoming
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Description No Garage
Roof Type Asphalt
Porch Porch
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W16I008524S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Warranty Deed
Listing Terms Cash, Warranty Deed
Financing Cash,Warranty Deed
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