Address
15926 Linwood St Detroit, MI
Price
$ 25,000
Property Attributes
  • MLS#40044600
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48238
  • StyleColonial
  • Year Built1926
  • Taxes1079
  • Price$ 25,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2400
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Hale Realty
Property Description

This is priced to sell----this home has more than meets the eye......you could actually make this a 2 3 bed units and 1 2 bed unit increasing you NOI....this is a full rehab projected to be around $35000 to 40k depending on your ability to purchase material and control of labor cost. If you are a novice or new to the game, this is not for you. Experienced investor can turn this around on the lower end and make bank! Even after the rehab and the cost of the structure you still end up with equity in the structure. Win Win!!! Remember--this is a HOLD not a FLIP---price is firm as the completed project your return will be solid--$950 to $1050 per unit and with the bonus unit another $550 per month--bringing this unit to a comfortable to a $2450 to $2700 per month or up to $32,400.00 per year ROI....How do you not win with this project? Don't wait and this will not last too long QCD only CASH ONLY--BUYER TO USE SELLERS CLOSING AGENT -

Price History
4/17/2020 Listed $30,000
8/15/2020 17% - $25,000

General Features

Bathrooms 2
Class MULTIFAMILY
Community Amenities Pets-Allowed
Directions South of Puritan and East of Livernois
Exterior Features Porch
Financial Terms Cash
Full Baths 2
Heating Baseboard
Legal Description E LINWOOD 296 R OAKMANS PURITAN PARK SUB L34 P17 PLATS, W C R 8/158 30 X 118
Listing Area Detroit (Liv-I75/6-GrandRiver)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Parking 3 or More Spaces, On Street
School District Detroit City School District
Source Mls MI Real Source
Status Pending
Status Pending
Structure Style 2 Story
Style Colonial
Subdivision ROBERT OAKMANS PURITAN PARK (PLATS)
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Year Built 1926
Zoning Multi-Family

Interior Features

Basement Block, Common
Fireplace? No
Fuel Type Natural Gas
Total Number of Units 2

Exterior Features

Exterior Brick
Foundation Type Basement
Frontage 40
Lot Dimensions 30.00X118.00
Lot Size Area 0.08
Roads Paved Street
Sewer Septic Public At Street
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48238

Price
AVG $50K
$30K
Taxes
AVG $1,201
$1,079
Visits
AVG 10
12
Year Built
AVG 1933
1926
Walkscore
AVG 47
33
Data Provided by Walkscore ® not using MLS data

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