Highland Park, MI 48203,401 W GREENDALE

$35,000

$39,900

12.3%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

1,493 SqFt


SOLD DATE : 10/24/2023

Key Details

Sold Price $35,000

Property Type Single Family Home

Sub Type Colonial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,493 sqft

Price per Sqft $23

Subdivision Grix Home Park Sub Of Ely Pt Of Lots 3 & 4

MLS Listing ID 20230057575

Sold Date 10/24/23

Style Colonial

Bedrooms 3

Full Baths 1

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1922

Annual Tax Amount $727

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50.00 x 100.00

Property Description

Calling all investors! This property has the potential to generate positive cash flow and provide a solid return on investment over time. While it requires essential items and repairs such as a new furnace, a hot water tank, and knobs on the shower, these are improvements that can significantly increase the property's value. With these repairs completed, the home will be in better condition and more appealing to potential tenants or buyers, enabling a higher rental income or a profitable resale in the future. The location of the home is beneficial as well as Highland Park is a vibrant and up-and-coming area known for its rich history and close proximity to downtown Detroit. The city has been experiencing revitalization efforts, attracting new businesses and residents. Investing in this area allows for potential long-term growth and value appreciation as the community continues to develop. With the proper renovations and effective management, this property can offer a solid return on investment, making it an appealing prospect for investors looking to capitalize on the growth and development of the Highland Park area! BTVAI

Location

State MI

County Wayne

Area Det 6-8 Grfld-Dequindre

Direction Take Woodward North to Grixdale RT then Left

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Description No Garage

Pool No

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Warranty No

Level or Stories 1 1/2 Story

Structure Type Brick,Vinyl

Schools

School District Detroit

Others

Tax ID W01I005968S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by KW Professionals
Bought with EXP Realty LLC
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130 W 5th Ave, Oak, MI, United States

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