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3154 LENOX ST DETROIT, MI 48215
- Single Family Home / Resale (MLS)
Property Details for 3154 LENOX ST, DETROIT, MI 48215
Features
- Price/sqft: $31
- Lot Size: 3049.00 sq. ft.
- Total Rooms: 4
- Room List: Bedroom 1, Bedroom 2, Basement, Bathroom 1
- Stories: 100
- Heating: Forced Air Heating
- Exterior Walls: Wood Siding
Facts
- Year Built: 01/01/1921
- Property ID: 872825859
- MLS Number: 20240020854
- Parcel Number: 21049727.
- Property Type: Single Family Home
- County: WAYNE
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. This promising investment property nestled in the heart of Detroit and is brimming with character, perfect for experienced investors or those looking to make their mark on the Detroit housing landscape. This multi-level layout provides a spacious footprint for creative redesign. This property's generous lot size allows for potential expansion or exterior amenities. nn- Located within a community ripe for revitalization efforts, promising increasing future values. n- Rental market insights indicate potential earning estimates of around $1,027 - $1,106 per month, adding allure for those interested in buy-to-rent strategies.n- Requires comprehensive renovations - perfect for a tailor-made project. n- Holds the promise of significant returns on investment post-renovation.nnSeize the opportunity to transform this property into a profitable venture. With homes in the area displaying a year-on-year growth in value, capitalize on the low entry price and the promising rental income projections. Whether you aim to flip or to rent, this property presents an exciting proposition in a dynamically evolving Detroit market.
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Property Brokerage:
National Realty Centers
116 W Main St
Northville
MI
48167
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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