$104,000 for Sale
577 lakewood, detroit, MI 48213
| Beds 4 | Baths 1 | 1,760 Sqft | 0.10 Acres |
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Property Description
Great Investor Opportunity! Located in the desirable Jefferson Chalmers area of Detroit, this brick colonial offers 4 bedrooms, 1 bathroom, an unfinished full basement, and a 2-car garage. Homes in this neighborhood are consistently selling for $200-300k! This is a great property for all types of buyers. Looking for a rental investment? This house is currently being renting out for $1,500 to a great tenant. Looking for a fix and flip project? Check out the comps and you will be shocked at the ARV. The home is livable and full of potential for the right investor looking to add value. Recent updates within the last five years include a new furnace, new hot water tank, updated electrical, and a refreshed kitchen with new flooring, countertop, and sink. The home could benefit from new windows and a small roof repair at the back, leaving plenty of room to customize and improve. Conveniently situated near neighborhood parks, the Detroit River, and the Grosse Pointe communities, this property offers both charm and opportunity. Home is being sold as is. Don't miss your chance to take on this promising project in a sought-after Detroit neighborhood!
General Information
Sale Price: $104,000
Price/SqFt: $59
Status: Active
MLS#: rcomi60955517
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: werners park sub
Acres: 0.1
Lot Dimensions: 40X107
Bedrooms:4
Bathrooms:1 (1 full, 0 half)
House Size: 1,760 sq.ft.
Acreage: 0.1 est.
Year Built: 1938
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1: 16x11
Bedroom 2 : 15x15
Bedroom 3: 16x16
Bedroom 4: 16x12
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: 2
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $745
Est. Winter Taxes: $949
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Jessica Crossland of Downriver Homes LLC, Phone: 734-626-0478
