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5298 NEFF Avenue, Detroit City, MI 48224

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Listing Type
Single Family
Listing Status
active
21
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$49,900

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Home Details for 5298 NEFF Avenue
Price
$49,900
Type
Single Family
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Year Build
1950
Sq. Ft.
720
Lot Size
0.15
County
Wayne
Total Rooms
4
Garage
2
Basement
Unfinished
Tax
$1,311
MLS®️ Listing#
20240089080
On exitrealty.com
267 days
Property Description
**OPPORTUNITY** This 2 bedroom, 1 bathroom Cornerstone Village home could be perfect for a first-time homebuyer who isn't afraid of generating a little sweat equity or it could also be perfect for an investor looking to start or expand their portfolio! With Section 8 rents for similar properties as high as $1,100/month, the ROI on this property would be sky-high! The property features hardwood flooring throughout almost all of the property, an updated kitchen, an bathroom that would need very minimal work to make it nice, forced air heating, wrought-iron windows w/ storm windows, a 3D architectural shingle roof, a 3 seasons room, an oversized 1.5 car garage, and so much more! Best of all, the property is located in the East Warren/Cadieux Strategic Neighborhood Fund area, which has enabled the renovation of the Warren streetscape and has brought in tens of millions of dollars of both public and private investment, with more to come! NO SELLER FINANCING - VA OR FHA MAY BE CONSIDERED @ NO COST TO SELLER
Property Features
Listing Courtesy: RE/MAX Leading Edge - 734-404-8800
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Market statistics compiled from data from Michigan Regional Information Center.
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
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$49,900

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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
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