$119,000 for Sale
2597 w 8 mile, detroit, MI 48221
| Beds 3 | Baths 2 | 1,495 Sqft | 0.09 Acres |
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Property Description
NEW ROOF WITH A NEW HOT WATER TANK AND FURNACE GOING IN AT CLOSING. Unlock the potential in this solid Detroit property located right on the edge of Ferndale and Royal Oak, offering rare proximity to three major lifestyle corridors - Downtown Detroit, Downtown Ferndale, and Downtown Royal Oak. Whether you're an investor seeking your next rehab project or an owner-occupant planning to use an FHA 203k renovation loan, this home delivers outstanding upside in a high-demand location. Just two blocks from the Meijer-anchored retail complex, you'll have immediate access to groceries, shopping, restaurants, and daily conveniences - an amenity package that's hard to beat at this price point. The property needs renovation, but the fundamentals are here with virtual before and after pictures to demonstrate what's possible. With strong surrounding values and high rental demand, this is a location that continues to benefit from ongoing reinvestment along the Eight Mile corridor. Perfect for a full redesign, long-term hold, or a customized owner-occupied renovation. After repair values for this area average about $250,000, excellent upside. Seller will consider all offers.
General Information
Sale Price: $119,000
Price/SqFt: $80
Status: Active
MLS#: 60975746
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: woodward
Acres: 0.09
Lot Dimensions: 40X100
Bedrooms:3
Bathrooms:2 (1 full, 1 half)
House Size: 1,495 sq.ft.
Acreage: 0.09 est.
Year Built: 1938
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1: 11x10
Bedroom 2 : 15x12
Bedroom 3: 12x12
Bedroom 4:
Family Room:
Greatroom:
Dinning Room: 12x12
Kitchen: 11x10
Livingroom: 18x12
Pole Buildings:
Paved Road: Paved Street
Garage: 2
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public At Street
Watersource: Public Water,Public Water at Street
Tax, Fees & Legal
Est. Summer Taxes: $130
Est. Winter Taxes: $0
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Phillip VanBuren of Home Negotiators LLC, Phone: 313-822-1708
