$59,900 for Sale
5298 neff avenue, detroit, MI 48224
| Beds 2 | Baths 1 | 720 Sqft | 0.15 Acres |
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Property Description
**OPPORTUNITY** This 2 bedroom, 1 bathroom Cornerstone Village home could be perfect for a first-time homebuyer who isn't afraid of generating a little sweat equity or it could also be perfect for an investor looking to start or expand their portfolio! With Section 8 rents for similar properties as high as $1,100/month, the ROI on this property would be sky-high! The property features hardwood flooring throughout almost all of the property, an updated kitchen, an bathroom that would need very minimal work to make it nice, forced air heating, wrought-iron windows w/ storm windows, a 3D architectural shingle roof, a 3 seasons room, an oversized 1.5 car garage, and so much more! Best of all, the property is located in the East Warren/Cadieux Strategic Neighborhood Fund area, which has enabled the renovation of the Warren streetscape and has brought in tens of millions of dollars of both public and private investment, with more to come! NO SELLER FINANCING - VA OR FHA MAY BE CONSIDERED @ NO COST TO SELLER
General Information
Sale Price: $59,900
Price/SqFt: $83
Status: Active
MLS#: rcomi20240089080
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: assessors detroit plat no 1
Acres: 0.15
Lot Dimensions: 38.00 x 173.00
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 720 sq.ft.
Acreage: 0.15 est.
Year Built: 1950
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved,Pub. Sidewalk
Garage: 1.5 Car
Garage Description: Detached
Construction: Aluminum
Exterior: Aluminum
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary),Sewer at Street
Watersource: Public (Municipal),Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,168
Est. Winter Taxes: $143
Legal Description: E NEFF 29 ASSESSORS DETROIT PLAT NO 1 L72 P7 PLATS, W C R 21/1024 38 X 172.95A NEZ HMSTD CERT# NH2008-0448 RELATED PARCEL 27080448.
IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Ryan E Kain of RE/MAX Leading Edge, Phone: (734) 404-8800
