Welcome to this beautiful colonial investment opportunity in Detroit's highly sought after Russell Woods neighborhood. This 3 bedroom, 1.5 bath home offers over 1,500 sq ft, solid construction, and a detached two car garage, a valuable feature for both rental demand and resale.The property presents strong value with easily added… Read More opportunity. Already has new AC and remodeled kitchen. Add a functional layout, with classic architectural details, and good bones, you get a clear path for even more cosmetic updates or selective renovations to enhance long term returns. Russell Woods continues to attract consistent investor demand due to its historic housing stock, stable streets, and proximity to major corridors. Current pricing positions this property below the neighborhood median, allowing room for renovation, appreciation, or portfolio expansion.Ideal for investors seeking stock in a proven Detroit neighborhood, or new home buyers looking for a great first home investmentOutside, enjoy a private backyard, detached 2 car garage, and the peaceful, tree-lined streets that define Russell Woods, a neighborhood known for its strong community ties, historic architecture, and proximity to parks, schools, and major Detroit thoroughfares.A;Whether you're a first-time homebuyer or a lover of Detroit's rich architectural heritage, this home is an ideal opportunity to own a piece of the city's storied past. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Howard Hanna Real Estate, 734-761-6600.
Listing Snapshot
Days Online
168
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,242
Lot Size
0.11 Acres
Year Built
1960
MLS Number
81025037886
30 Days Snapshot Of 48238
$70k
+8%
(avg) sold price
10
-37%
homes sold
93
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Appliances & Equipment
Dishwasher
Basement
Basement?: 1
Building
1,242 total square feet, 1,542 combined square feet, 600 lower floor square feet, 670 total basement square feet, Built in 1960, Architectural style: Colonial, 2 Story, Brick
Cooling
Ceiling Fan(s), Central Air
Exterior Features
Fenced
Foundation
Basement
Garage
Detached, Garage?: 1
Water Features
Electric, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Smoke Alarm, Cable Available, Laundry Facility
Lot
Level, Lot size area: 0.11, Lot size dimensions: 40x118
Property
Property type: Residential
Taxes
Tax amount (summer): $3,622
Sewer
Sewer (Sewer-Sanitary)
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