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3154 Lenox

Detroit, MI 48215
  • $35,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 20240020854
UPDATED: 102 min ago
$35,000
  • 2
    BEDS
  • 0.07
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,124
    SQFT
  • $31
    $/SQFT
Type:
Single-Family Home
Built:
1921
County:

School Ratings & Info

School District:

Description

This promising investment property nestled in the heart of Detroit and is brimming with character, perfect for experienced investors or those looking to make their mark on the Detroit housing landscape. This multi-level layout provides a spacious footprint for creative redesign. This property's generous lot size allows for potential expansion or exterior amenities. - Located within a community ripe for revitalization efforts, promising increasing future values. - Rental market insights indicate potential earning estimates of around $1,027 - $1,106 per month, adding allure for those interested in buy-to-rent strategies. - Requires comprehensive renovations - perfect for a tailor-made project. - Holds the promise of significant returns on investment post-renovation. Seize the opportunity to transform this property into a profitable venture. With homes in the area displaying a year-on-year growth in value, capitalize on the low entry price and the promising rental income projections. Whether you aim to flip or to rent, this property presents an exciting proposition in a dynamically evolving Detroit market.

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BuyEastsideHomes.com Real Estate Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-24T13:54:36.923.
www.buyeastsidehomes.com/homes/149136538
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3154 Lenox Detroit, MI 48215

  • Price: $35,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 102 min ago
  • MLS #: 20240020854
2
Beds
1
Baths
0
½ Baths
0.07
Acres
1,124
SQFT
$31
$/SQFT
1921
Built
Neighborhood:
Jefferson & Mack Ave Sub (Plats)
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
This promising investment property nestled in the heart of Detroit and is brimming with character, perfect for experienced investors or those looking to make their mark on the Detroit housing landscape. This multi-level layout provides a spacious footprint for creative redesign. This property's generous lot size allows for potential expansion or exterior amenities. - Located within a community ripe for revitalization efforts, promising increasing future values. - Rental market insights indicate potential earning estimates of around $1,027 - $1,106 per month, adding allure for those interested in buy-to-rent strategies. - Requires comprehensive renovations - perfect for a tailor-made project. - Holds the promise of significant returns on investment post-renovation. Seize the opportunity to transform this property into a profitable venture. With homes in the area displaying a year-on-year growth in value, capitalize on the low entry price and the promising rental income projections. Whether you aim to flip or to rent, this property presents an exciting proposition in a dynamically evolving Detroit market.
Exterior Features

Exterior Construction Vinyl Siding Exterior Features Porch Foundation Type Basement Frontage 30 Garage Type Detached Garage Lot Size 30.00 x 106.00 Roads Paved Street Structure Style 1 Story Styles Raised Ranch Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Below Grade Sq Ft 822 Fireplace YN No Fuel Type Natural Gas Heating System Forced Air Total Rooms 3

Property Features

Assessments Amount 240 Assessments YN Yes Association Fee YN No Financial Terms Cash For Sale Or Rent For Sale Lease YN No Manufactured YN No Municipality Detroit Municipality Type City Ownership Private Principal Res Exempt YN Yes SEV 14000 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 882 Total Tax Amount 983 Water Public Water Winter Tax Amount 101

Listing courtesy of National Realty Centers, Inc : 248-468-1444.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BuyEastsideHomes.com Real Estate Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-24T13:54:36.923.
 
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The BuyEastsideHomes.com Real Estate Team at Keller Williams Lakeside Market Center
45609 Village Blvd.
Shelby Township MI, 48315