3805 SCOVEL, Detroit, MI 48208

$89,000 Asking Price

4 beds
2 baths
1,749  sqft
Built in 1909

LOCATED JUST 8 MINUTES FROM WAYNE STATE UNIVERSITY, DON’T MISS OUT ON THIS INCREDIBLE INVESTMENT OPPORTUNITY! THIS SPACIOUS 4-BEDROOM, 1.5-BATHROOM HOME FEATURES FRESH PAINT AND NEW CARPET THROUGHOUT. CURRENTLY TENANT-OCCUPIED AT $1,350 PER MONTH (TENANT IS MONTH-TO-MONTH AND COVERS ALL UTILITIES), THIS PROPERTY OFFERS FLEXIBILITY FOR INVESTORS. CHOOSE TO BUY SIGNIFICANTLY UNDER MARKET VALUE AT $89K WITH THE CURRENT TENANT OR VACANT. ALTERNATIVELY, WE CAN SECURE A SECTION 8 TENANT FOR YOU FOR A PRICE OF $125K. PERFECT FOR INVESTORS LOOKING FOR A TURNKEY PROPERTY OR THOSE SEEKING THE OPTION TO ADD VALUE.


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural gas, Wall furnace

Exterior

Style:
Other
Pool:
None
Parking:
No garage

Construction

General:
Vinyl siding, Two, Basement, Block

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Detroit
County:
Wayne

Lot

Zoning:
S SCOVEL PLACE 101 MOORES SUB L23 P71 PLATS, W C R 12/107 38.13 IRREG, W12I009877S

Utilities

Water:
Waterat street
Sewer:
Sewer at Street

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
1st Michigan Real Estate, Marta Kopania

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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