Homes for sale - 5298 NEFF Avenue, Detroit, MI 48224

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Ryan Fagin

ryan@faginknight.com +1(517) 643-5498

$ 59,900

Est. payment | -/mo

2 Beds

1 Bath

720 SqFt

Save

$ 59,900

Est. payment | -/mo

Save

2 Beds

1 Bath

720 SqFt

Key Details

Property Type Single Family Home

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 720 sqft

Price per Sqft $83

Subdivision Assessors Detroit Plat No 1

MLS Listing ID 20240089080

Style Ranch

Bedrooms 2

Full Baths 1

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1950

Annual Tax Amount $1,311

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 38.00 x 173.00

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

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Direction From Chandler Park turn South on Neff

Rooms

Basement Unfinished

Interior

Interior Features 100 Amp Service, Cable Available, Circuit Breakers

Hot Water Natural Gas

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Parking Features Detached

Garage Description 1.5 Car

Roof Type Asphalt

Porch Porch - Covered, Porch

Road Frontage Paved, Pub. Sidewalk

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Architectural Style Ranch

Warranty No

Level or Stories 1 Story

Structure Type Aluminum

Schools

School District Detroit

Others

Tax ID W21I076201S003

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Warranty Deed

Rebuilt Year 2022

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Listed by Ryan E Kain of RE/MAX Leading Edge

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(517) 643-5498

ryan@faginknight.com

9471 Wendover Court, Brighton, Michigan, 48116, United States

5298 NEFF Avenue Detroit, MI 48224