Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
27
Photos
3
beds
2
baths
942
sqft
Built in
1939
**INVESTOR** This 3 bedroom, 2 full bathroom brick bungalow would make a great addition to your rental portfolio or even possibly a good fix-n-flip! With rents in the neighborhood as high as $1,200/month and ARVs in the $110-125K range, there are multiple strategies for how to have this property make you money! The property does require a full interior rehab, but also features a MASSIVE 2.5 car brick garage, an updated 100 amp circuit breaker panel w/ romex wiring, forced air heating, a 3D architectural shingle roof, vinyl windows, and hardwood floors throughout the property that can be beautifully refinished! This property is located just outside of the East Warren/Cadieux Strategic Neighborhood Fund area, which has see multiple streetscapes revamped and improved, hundreds of homes rehabbed and brought back to productive use, and inflow of new homeowners, and millions in public and private investment with more to come! NO Seller Financing, cash or hard money only.
Features & Amenities
Interior
- General:
- 100 Amp Service,Cable Available,Circuit Breakers
- Basement:
- Unfinished
- Heating:
- Forced Air, Natural Gas
Exterior
- Style:
- Bungalow
Construction
- Roofing:
- Asphalt
- General:
- Brick, 1 1/2 Story, Basement
Location
- Road/Access:
- Paved,Pub. Sidewalk
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- E CRAFT 148 RONEYS SUPER HIGHWAY SUB L54 P16 PLATS, W C R 21/893 40 X 117.67, W21I069567S
Utilities
- Water:
- Public,Water at Street
- Sewer:
- Sewer-sanitary,Sewer at Street
This listing courtesy of:
RE/MAX Leading Edge, Ryan E Kain
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Detroit, MI
Housing
- Number of Units
- 292,561
- Median Home Value
- $70,234
- Median Rent
- $679
53.65% of housing units are renter occupied.
18.25% are vacant.
Commute
- Car
-
71.17%
- Public Transportation
-
5.99%
- Walk to Work
-
3.15%
- Work from Home
-
17.73%
- Other
-
1.42%
The median travel time to work is 23 minutes.
People
- Population
- 593,210
- Median Age
- 36.40
- Median Household Size
- 2.38
Education
- High School
-
33.32%
- Associate’s Degree
-
7.33%
- Bachelor’s Degree
-
9.43%
- Graduate Degree
-
6.96%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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