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
Don't miss this prime opportunity for first-time home buyers, investors, and landlords looking to benefit from the growing Detroit market. This property is being sold as is, presenting a fantastic chance to renovate and build equity in a city that�s undergoing exciting revitalization. Whether you're a first-time buyer eager to start your home ownership journey or an investor looking to expand your portfolio, this property offers potential! Benefit from nearby shopping, dining, and entertainment options. Don�t miss out on this chance to secure a property with great potential in one of Detroit�s promising neighborhoods. Call to schedule your showing today!!
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!
This house is ready to be come a home! This property has updated mechanicals such as furnaces & water heaters. New windows, plumbing and electrical have been updated. Each unit has its' own front and rear entrances! This is a blank canvas waiting for a creative investor and/or family to take it all the way to greatness! The home features a 2 car garage which is rare with most multi-family properties! From more information, contact your agent and/or contact our office.
A remarkable duplex with a large lot situated in a prime location. The property includes a 2-car garage and two generous two-bedroom units. One unit has a dependable tenant, while the other is vacant and ready to rent. This duplex presents an excellent investment opportunity with significant rental income potential.
2600 SqFt, Commercial Building, Zoned Light industrial! 2 Bay Doors with a Fenced area in the back. Close to freeways, Prime location with heavy traffic! Unlimited potential here!
Smoke Shop for Sale: Prime Location** Well-established smoke shop in a high-traffic area with loyal customer base. Offers a wide range of tobacco, vaping products, and accessories. Turnkey operation with consistent revenue. Great growth potential. Serious inquiries only
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.
Zoned M4 vacant warehouse/building for sale. Over 30,000 sq ft of space. Large parking lot. Many uses available!
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
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to an incredible investment opportunity in the Midwest neighborhood! This two-story full brick colonial property boasts over 3000 square feet of potential, offering versatile living spaces across four units. 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 multi-family unit is a prime investment opportunity, featuring a very good cap rate. Each unit includes 2 bedrooms and 1 bathroom, offering comfortable living spaces perfect for tenants. With convenient access to amenities and public transportation, this well-maintained property is ready for immediate occupancy and rental income generation. Don't miss out on this exceptional opportunity to expand your investment portfolio.
Presenting a remarkable investment opportunity in the heart of Detroitââ?¬â??a four-unit brick building that stands as a testament to quality and potential. Located in a neighborhood showing strong signs of revitalization, this property offers a blend of historic charm and modern updates, making it an attractive prospect for both seasoned investors and those new to the real estate market. Each unit has been updated, featuring upgraded bathrooms that combine contemporary design with functionality. These spaces ensure a comfortable living experience for tenants. The building has been fitted with all new windows, improving energy efficiency and contributing to lower utility costs while providing abundant natural light throughout each unit. Each unit comes with its own separate gas and electric meters, allowing for individual billing and making it easier for tenants to manage their utility usage. The property features one water meter, simplifying water service management. The building includes a full basement, providing storage space and housing a convenient laundry area. This communal laundry facility is a desirable amenity for tenants, adding value to the rental units. Situated on a corner lot, the building is enclosed by a secure fence, offering privacy and a sense of community. The property also features newer gutters, ensuring proper drainage and reducing maintenance concerns. With street parking available, tenants and their guests will have no trouble finding convenient parking spots. This added convenience enhances the property's appeal. The building is currently vacant, making it ready for immediate occupancy. Its well-kept condition ensures that new tenants can move in without delay, maximizing rental income potential. The surrounding area is experiencing a notable resurgence. This revitalization contributes to a growing demand for quality rental units, positioning this property as a prime investment. The location has easy access to public transportation, major highways, and downtown Detroit.
Welcome to this charming three-bedroom, one-bath bungalow located in a prime location. Enjoy the updates throughout the home, including a well-appointed kitchen, fresh paint and spacious rooms that offer both comfort and convenience. The full basement provides ample storage or potential for additional living space. Don't miss out on this inviting home!
Over 10,000 SQFEET very clean building with an updated roof / High Ceiling/ Currently being used as a warehouse
We are excited to announce your next investment opportunity. Located in the Barton McFarland community of Detroit, this beautiful brick two story Multi Family Home provides an upper and a lower unit, offering separate entrance. Each unit provides three bedrooms and one bathroom. This home also has a basement area to expand your living space and additional storage. This home is located only 15 minutes away from Wayne State University College and a 15 minute drive from downtown Detroit. Very convenient location with close proximity to many schools, places of worship, shopping facilities and public transit. Don�t miss out on this great opportunity to invest in your next rental property! 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.
This is a land-based site. This vacant lot is sold with 5054,5060, 5066, and 5074 Fernwood. Totaling= 47,720 sqft. Not sold separately. Zoned R3. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and DLBA Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit�s Planning and Development Department for additional context about the neighborhood. BATVAI. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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 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.
Check out this residential zoned vacant lot located close to the expressway. This lot is ready for you to build your dream home or income generating property. Brought to you by the Detroit Land Bank. 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.
Zoned R6. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit�s Planning and Development Department for additional context about the neighborhood. 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 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.
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.