Property is in need of demolition. Value is in the property. Do not enter property
Looking for a stellar addition to your real estate portfolio? Check out this gem located just minutes from downtown and major expressways! 3 Spacious Bedrooms: Perfect for families or renters seeking comfort.2 Modern Bathrooms: Recently updated with contemporary finishes.Prime Location: Enjoy the convenience of being close to downtown amenities and easy access to expressways for a smooth commute. Investment Potential: Strong rental demand in this desirable area--ideal for generating steady income or future resale. Additional Features:Bright and airy living spacesUpdated kitchen with ample storageProximity to local schools, parks, and shopping Why Invest Here?High rental yield potential due to prime locationIncreasing property values in the area. LOT included next to home.
Unlock the potential of 9360 Mendota, a diamond in the rough waiting for the right investor to restore it to its former glory. Located in a promising Detroit neighborhood, this property presents a fantastic opportunity for those looking to capitalize on a renovation project. This spacious home features a classic layout with generous living areas, multiple bedrooms, and ample potential for creative renovation. The property's size and configuration make it ideal for a comprehensive overhaul, whether you�re planning to flip it for a profit or add it to your rental portfolio. The home is in need of significant updating, including work on the interior finishes, systems, and exterior. However, its strong bones and potential for appreciation make it a worthwhile investment. With a vision and some elbow grease, you can transform this fixer-upper into a highly desirable property. The surrounding neighborhood offers a blend of historic charm and revitalization, with local amenities, schools, and transportation options within reach. This property�s location enhances its appeal to future tenants or buyers seeking a vibrant Detroit community. Don�t miss out on this investment opportunity! Schedule a viewing today to explore the possibilities and envision the future of 9360 Mendota. Purchaser to pay 395 processing fee. As-is sale. Seller financing / Land contract terms available at 75,000.00 purchase price, 25,000.00 down payment, 8% interest, 84 Months Term. 779.00/month. Seller financing / Land contract terms are negotiable.
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF GRAND RIVER AVENUE AND EAST OF LIVERNOIS. THIS PROPERTY FEATURES A COVERED FRONT PORCH, HARDWOOD FLOORS, THREE BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. TENANT LEASE TERM IS 4/18/24-4/17/24. THE TENANT RENT IS 1,050 PER MONTH AND A 1,300 SECURITY DEPOSIT IS HELD. PHOTOS WERE TAKEN PREVIOUS TO TENANT MOVING IN. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT.
Amazing Opportunity in the heart of Detroit. With a creative touch, one can easily restore this home to its former historical glory. Beautiful craftsman ship throughout! Two car detached garage and spacious basement awaiting finishing touches
This century-old 3 bed/1 bath colonial home sits perfectly in northwest Detroit; An ideal location to get downtown, or the suburbs, and just a stone's throw (or bike ride) away from Livernois as well as Southfield Freeway. The home also features new HVAC (w warranty) and completely redone floors/carpet and window treatment throughout. And the spacious front porch is an inviting space for relaxation and quality family time.
Excellent investment property with a stable tenant in Detroit! Tenant would like to stay, and pays every month. This house is in terrific shape and the rental demand is strong. Send your offers today!
Rehab project. Warranty deed and title insurance NOT QCD. Great investment. The accuracy of all information, regardeelss of the source. is not guaranteed. All information should be independently verified.
**AMAZING 14% CAP RATE, TERRIFIC ROI **TURNKEY INVESTOR GEM located on Detroit's westside, 15 minutes from Downtown Detroit. Priced below value, NEW FURNACE, NEW WATER TANK, this low maintenance 3 bedroom/2 bath full colonial is rented to a cash Tenant paying $1250/month. Home has nice interior features, with a great floor plan, large living room with fireplace and formal dining room. This property features a large basement for storage, vinyl windows, detached 2 car garage and private fenced yard. Very short drive to Corktown, Downtown, Parks, shopping and various dining options. Professionally managed, just sit back and make money. Tenant ledger available. Call/Text for showings. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to an incredible investment opportunity in the Nardin Park neighborhood! This one story ranch property boasts 833 square feet of potential. This property presents a unique opportunity for restoration and renovation, allowing you to unleash its full potential. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. THIS BUNDLE INCLUDES 9722 YOSEMITE AND 9728 YOSEMITE AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $15,500.00
2 bedroom Ranch near Grand River and Wyoming. Large covered front porch. Living room with brick fireplace. Spacious bedrooms with hardwood floors. Original tile in bathroom. Full basement. One car garage. Needs some updating and TLC.
Updated certified two family house ready for tenant occupancy and immediate income. Spacious rooms. Fenced yard. Driveway and street parking. Separate gas and electric meters. Hardwood floors thru out. Forced air furnaces. Separated basement with laundry room. Nearby freeways centrally located. Security system and security doors. GREAT INCOME POTENTIAL. TURN KEY INVESTMENT
Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
BEAUTIFUL COLONIAL HOME CLOSE TO SOUTHWEST DETROIT. BIG VACANT LOT NEXT DOOR. Immediate occupancy. 40,000 down land contract option.
Great Opportunity in Russell Woods Community. A complete restoration is needed. The Seller requires estimated rehab costs and Proof of Funds included with offer in order to purchase. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.
PRICE IMPROVEMENT! We are excited to announce your next investment opportunity. Located in the Midwest Neighborhood of Detroit, this beautiful red brick three story home features 8 bedrooms, 2 full bathrooms and 2 half bathrooms. All bedrooms are generously sized for comfortable living, suitable for a large family or can be used as student housing. Towards the front includes a porch area and there is a driveway that provides access to the spacious backyard. This beautiful house is located only a few minutes from the Detroit Institute of Arts and the University of Detroit, Mercy. A very convenient location with close proximity to many schools, places of worship, shopping facilities and public transit. This investment is one of a kind you don�t want to miss! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.
The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan 48204 has a population of 645,658. Detroit 48204 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48204 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48204 is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.