Located in Detroit's established B.E. Taylors Luana Subdivision, this is a compelling opportunity with a huge spread investors or sweat equity deal hunters seeking a value-add project in a neighborhood known for its classic brick colonials, strong rental demand, and active sales activity. The surrounding area features a consistent housing… Read More stock of larger two-story homes, many with basements and garages, creating a solid foundation for both renovation and long-term hold strategies. Ferguson continues to see investor interest due to its affordability, proximity to major roads, shopping, and employment corridors, while recent neighborhood sales demonstrate ongoing demand for updated properties. This brick colonial offers the kind of spread and upside experienced investors look for - a chance to create meaningful equity through improvements in an area where well-executed renovations continue to attract buyers and tenants alike. And speaking of tenants - unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don't miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed. Read Less
Courtesy of REMAX City Centre.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family
Beds
3
Full Baths
1
Square Ft.
1,291
Lot Size
0.11 Acres
Year Built
1928
MLS Number
60998345
30 Days Snapshot Of 48227
$1k
0%
(avg) sold price
0
-100%
homes sold
36
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
1,291 square feet, 6 total rooms, Built in 1928, Style: 2 Story, Colonial
Exterior Features
Brick
Foundation
Basement
Garage
1 car space in garage, Detached Garage
Water Features
Public Water
Heating
Natural Gas, Forced Air
Kitchen
Length: 10 feet, Width: 12 feet
Lot
0.11 acres, Size: 44X106.6
Living Room
Length: 15 feet, Width: 10 feet
Taxes
Amount: $3,158
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright MiRealSource. All rights reserved. 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.
Confirm your time
Fill in your details and we will contact you to confirm a time.