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$ 50,000
Est. payment | /mo
4 Beds
2 Baths
1,440 SqFt
$ 50,000
Est. payment | /mo
4 Beds
2 Baths
1,440 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $34
MLS Listing ID 20261054303
Bedrooms 4
Full Baths 2
Year Built 1927
Annual Tax Amount $1,131
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X120
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Fantastic investment opportunity awaits in Detroit's Gratiot Meadows neighborhood! This solid brick colonial is a former Detroit Land Bank home that offers a massive head start, featuring approximately $80,000 in documented improvements already completed. The heavy lifting has been done for you, including a newer roof, a rebuilt front porch, some upgraded electrical, and some updated plumbing with new PEX water lines and a new hot water tank. Additionally, the property benefits from new basement windows, extensive interior wall repairs, professional drain work, complete demolition, a thorough yard cleanup, and the installation of all kitchen, bathroom, and heating elements required for Land Bank compliance. A Ring security system is also included for your peace of mind. Inside, you will find a spacious layout offering four bedrooms, two bathrooms, a formal dining room, and a full unfinished basement. While currently configured as a single-family home, this versatile property was previously used as a two-family duplex and can easily be re-converted back to a multi-family layout, matching the current seller's original plans. Bring your design vision to life, select your own custom finishes, and easily complete this renovation project. CASH ONLY.
Location
State MI
County Wayne
Direction 7 MILE AND HOOVER
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I032393S
Acceptable Financing Cash
Listing Terms Cash
Listed by Quest Realty LLC
Nearby Locations
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Buffy Schichtel
REALTOR® | Lic# 6501425881