MI
Wayne
Detroit
48224
5298 NEFF Avenue
5298 NEFF Avenue, Detroit, MI 48224
Listing Type
Single Family
Listing Status
active
21
$57,500

Home Details for 5298 NEFF Avenue

Price
$57,500
Type
Residential
Bedrooms
2
Bathrooms
Square feet
720
Year built
1950
Lot size acres
0.15
County
Wayne
Total rooms
5
Garage
Basement
Unfinished
Days on site
81
MLS Listing#
20240089080
Listing Courtesy: RE/MAX Leading Edge - 734-404-8800
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
  • Heating Information
    • Forced Air
  • Utilities
    • Cable Available
  • Basement
    • Unfinished
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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