5298 NEFF Avenue new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $83
MLS Listing ID 20240089080
Bedrooms 2
Full Baths 1
Originating Board Realcomp
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 Wayne County - 100
Direction From Chandler Park turn South on Neff
Interior
Heating Forced Air
Exterior
Exterior Feature Porch(es)
Parking Features Detached
Garage Spaces 1.5
View Y/N No
Roof Type Asphalt
Garage Yes
Building
Story 1
Sewer Public
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W21I076201S003
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional