18515 Salem Street, Detroit, MI 48219 3088

$120,000
4
BD
3
BA
1,691
SqFt

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List Price
$120,000
Status
ACTIVE
Days on Market
1
MLS#
61019384
Subtype
Residential
Style
Colonial
Year Built
1927
Bedrooms
4
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
1,691
Lot Size
10,018
Acres
0.23
Subdivision
B E Taylors Kenmoor Sub
MLS Area Major
Detroit

Property Description

INVESTOR SPECIAL: Massive Brick Fix-and-Flip or High-Yield Rental Opportunity! High-Equity Value-Add Opportunity in 48219 | 4 Bed Brick Home. Attention flippers, builders, and portfolio builders! Outstanding value-add opportunity located on a quiet block in Detroit's desirable 48219 area (just south of 7 Mile Rd). 18515 Salem St boasts 1,691 sq. ft. of classic brick construction with 4 spacious bedrooms, offering the ideal layout and footprint for a high-ROI transformation. The Value Drivers :Substantial Footprint (~1,691 Sq. Ft.): Significantly larger than the standard 1,000 sq. ft. brick bungalows in the area, allowing room to create a modern open-concept layout or add an extra bathroom/primary suite. 4 Large Bedrooms / 2.5 Baths Existing: Core structural division is already in place. Minor reconfigurations can maximize appraisal value. Solid Brick Bones: Solid brick exterior construction with character details, original hardwood flooring potential, and a natural brick fireplace. Full Unfinished Basement: Endless potential to add a recreation room, laundry space, or extra storage to boost total finished square footage. Deep Lot : Generous lot size (over 9,800 sq. ft.)

Additional Information

Taxes
$5,511
Property Description
Colonial
Heating
Natural Gas, Forced Air
Air Conditioning
Central Air
Stories
2
Levels
Two
Foundation
Basement
School District
Detroit City School District

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Listing Courtesy of 3DX Real Estate LLC, Office Phone: 888-304-1447

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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 2014 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.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 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.