Potential Investor Opportunity. 3 bedroom, 1 bath home with basement in need of some TLC. Property does have a new roof. Buyers agent to verify all information in listing.
Check out these adjacent lots right off of Gratiot. These lots are slated for multi-unit build opportunities presented by The DLBA and are listed as a bundle 14267, 14275, 14283 Fordham (Each lot is 36x103). Must be purchased together. Total listing price is $18,000. 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/or 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. Please refer to DLBA proposal guidelines.
This property was used as a church. The possibilities are endless. Can be a restaurant, The hood system is in place. It is an open slate with a men's bathroom and woman's bathroom separated. There is also a stage that is set up for entertaining. Social bar, hookah bar, gathering center, kids, play, fun, fitness, restaurant and retail storefront space. All business are welcomed. Come bring your creative ideas and get to work.
HERE IS A PREMIUM PROPERTY FOR SALE. THIS IS A DIAMOND IN THE ROUGH! CORNER PROPERTY. GREAT VISIBILITY AND AN ACCESSIBLE ALLEY TO ENTER OFF THE BACK THROUGH A GARAGE. IT WAS A TIRE SHOP AT ONE TIME AND A CARWASH ALSO. YES THIS PROPERTY NEEDS WORK. SOMEONE WITH A VISION CAN TURN THIS INTO A GEM. THIS SALE CONSISTS OF 4 PARCELS (4 ADDRESSES) 14170 AND 14164 GRATIOT ARE 2 VACANT LOTS COMBINED ARE 47X100 AND THEN 14160 AND 14156 GRATIOT ARE 2 BUILDINGS NEXT TO EACH OTHER WITH AN OPENING ON THE INSIDE FOR A COMBINED 44X100 AND THE 2 BUILDINGS ARE 3730 SQ.FT. TOTAL. THERE ARE LOTS OF OPPORTUNITIES ON THIS BUSY THOROUGH FARE RD. WITH A 21,300 DAILY TRAFFIC COUNT. MULTIPLE USES. REDEVELOPMENT OPPORTUNITIES AS WELL. LAND CONTRACT TERMS AVAILABLE. SELLER FINANCING. BUILD TO SUIT. ALSO FOR LEASE $2,000.00 PER MONTH
Frame bungalow on Detroit's east side. Corner lot with detached garage. Spacious bedroom on upper level. Full basement. 2 blocks from 8 Mile. Some rehab needed. Cash buyers only.
INVESTOR SPECIAL: 1400+ SQ FT COLONIAL WITH CURB APPEAL AND ROI OF 10 PERCENT!!! Stunning Brick 3 Bed colonial on a quiet east Detroit block. This home is spacious and features 3 nice size bedrooms, 1 1/2 baths, living room, dining room, natural fireplace and sunroom. Exterior features include a 3D shingled roof, vinyl windows, security doors, detached garage and private lot. Professionally managed and turnkey ready for a savvy investor. Tenants are current and pay 900 cash each month. With a great location near Osborn high school, shopping and many dining options, this rental is always in demand. Add this cash flow gem to your portfolio!!!
This home has great investor potential and would also make a greater owner/occupant fixer upper.
***HIGH ROI**10% CAP RATE**PERFORMING INVESTOR SPECIAL ON A TERRIFIC BLOCK - Gorgeous 3 BR Brick Bungalow with natural hardwood and living room fireplace. Located on a beautifully kept street in the Mapleridge neighborhood. This area of Northeast Detroit is very popular with both renters and homeowners. Walking distance from Detroit's historic Denby High School. The property is fully rehabbed and is currently tenanted by a long term renter for $850/mo. Professionally managed. If you're looking for a solid, performing investment in a high occupancy area - this is a great buy. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Amazing brick solid construction 3 bedroom Bungalow newer vinyl windows, updated kitchen and updated bathroom. With ample bedrooms featuring hardwood floors and a large living room, this home is perfect for both comfortable living and potential rental income. This home is both inviting and promising opportunity for anyone looking for a new place to call home or to invest in. Hurry priced won't last!
**OPPORTUNITY** This 3 bedroom, 1 bathroom brick bungalow is located on a beautiful, quiet, and well kept street in the Greensbriar neighborhood! The property would be a great fit for either a first-time homebuyer or for an investor looking to add to their rental portfolio! This property could rent for as much as $1,350/month to a Sec 8 tenant. The property features updates like fresh paint throughout, vinyl flooring in the kitchen and hardwood throughout the rest of the property, an updated bathroom, an updated kitchen, forced air heating, an updated 100 amp circuit breaker panel w/ romex wiring, vinyl windows, a 3D architectural shingle roof, PEX plumbing, and so much more! FHA & VA welcome, no seller financing.
Presenting a prime commercial property located on a corner lot in Detroit, perfect for a variety of business ventures. This property features three versatile units that can be customized to suit retail, industry, manufacturing, or any other commercial business needs. The property benefits from private fenced parking, providing added security and convenience. Whether you're looking to establish a new business or expand an existing one, this property offers the flexibility and strategic location to support your vision! Don't miss this opportunity to secure a prime commercial space in Detroit.
REDUCED PRICE ON THIS GORGEOUS HOME IN REGENT PARK. This 3 bedroom brick bungalow is located on a beautiful block of well manicured lawns, minutes from all the amenities of the suburbs. Home is updated throughout with wood flooring, newer paint and carpet. Spacious eat in kitchen with newer cabinets and granite. Upper bedroom is huge and private. Full basement for storage. This beauty also has a detached 2 car garage and fenced yard. Newer 3D roof and vinyl windows equals low maintenance!!! FHA/VA welcome. Home will be swept and tided up before closing. Call/Text for showings or questions.
We are excited to announce the availability of a prime corner lot located at 12275 Gratiot Ave in Detroit. This property is strategically located and boasts exceptional visibility with lots of vehicles driving by daily, making it an ideal location for retail ventures/ Check cashing/ Cell phone shop/ smoke shop/restaurant/party store/clothing store/ barber shop/ lots of parking . The building has been recently remodeled and features 2-10ft high bay doors for easy access. The lot itself is surrounded by a 6 foot fence with 2 access points.
Great Location, Great Opportunity to own 2 businesses in one, USEDS CAR DEALER & AUTO REPAIR, huge exposure on the main road UPDATED BUILDING. dealer license include with sales the shop and the dealer lot, also available for lease 5000k a month with 3 years minimum , ALL DATA AND MEASUREMENTS ARE DEEMED RELIABLE BUT NOT GUARANTEED. BUYER AGENT TO VERIFY ALL INFORMATION, for detailed information contact. Terry Asmar. CALL TODAY TO SCHEDULE YOUR PRIVATE SHOWING!
Are you looking to expand or start your own auto repair business? Look no further! A fantastic opportunity awaits you at a four-bay auto repair facility located on the bustling Gratiot Ave. This heavily traveled road, surrounded by numerous rooftops, offers high visibility and a prime corner location for your business. Don't miss out on this perfect chance to establish or grow your auto repair shop in a thriving area!
INVESTMENT OPPORTUNITY: Brick home in attractive neighborhood with basement and garage. Home is currently rented at $1,100.00 Home is currently rented, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.
INVESTMENT OPPORTUNITY: Brick home in attractive neighborhood with basement and garage. Home is currently rented at $800.00 Home is currently rented, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.
Brick bungalow near the Detroit - Harper Woods border. Bathroom with original tile. Spacious primary bedroom on upper level. Full basement. Detached garage. Good candidate to fix up and rent. Cash buyers only.
Low Maintenance brick bungalow. Updated Kitchen. Updated electrical. Updated plumbing. Hardwood floors throughout. Large fenced in yard. Long term month to month cash tenant paying 875.00. Showing available with an accepted offer. Please do not disturb the tenant.
Brick bungalow on Detroit's East Side. Tenant occupied, current rent rate $935 / month. Lease and ledger available upon request. No showings prior to accepted offer.
Prime location on 8 Mile and Groesbeck Highway! Pristine building perfect for any Industrial and/or Manufacturing users.This building spans 40,300 SF and is an exceptional opportunity for businesses seeking a strategic location in Detroit, MI! Nothing was spared on the properties mechanical, plumbing and electrical upgrades which are all brand new including but not limited to a brand new roof (2023) with 20-year warranty, power panels with 480 Volts, 3,000 amps and 2,100 KVA, fire suppression system, plumbing, etc. Brand new office space up front with epoxy floors, kitchenette, bathrooms, and direct access to the warehouse. Property is available for Sale, for Lease and for Sale on a Land Contract. For inquiries or to schedule a tour, please contact us today.
FULLY UPDATED TOWNHOUSE! Completely renovated and waiting for you! This home is perfect for a first time homebuyer or someone looking to downsize. All that's needed is a handy buyer to make a few exterior finishing touches!
Come and see this investor special. The owner began working on the home and it needs to be completed. Bring an offer. Being sold as-is. Buyer to pay listing broker $495 real estate compliance fee at closing. All data and measurements are approximate. LATPAO IDRBNG BATVAI
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Fire Damaged Property! Welcome to an incredible investment opportunity in the Von Steuben 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. Each unit features two bedrooms and one full bath, providing comfortable living spaces for tenants. 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 median home value in Detroit, MI is $53,400. This is lower than the county median home value of $80,100. The national median home value is $219,700. The average price of homes sold in Detroit, MI is $53,400. Approximately 34.11% of Detroit homes are owned, compared to 36.73% rented, while 29.17% 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 48205 has a population of 679,865. Detroit 48205 is less family-centric than the surrounding county with 14.69% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Detroit, Michigan 48205 is $27,838. The median household income for the surrounding county is $43,702 compared to the national median of $57,652. The median age of people living in Detroit 48205 is 34.7 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 30.4 inches of snow per year.