18220 Marlowe St, Detroit, MI 48235

$125,000 Asking Price

3 beds
2 baths
1,462  sqft
Built in 1940

This could be your home or the next cashcow in your portfolio, current rent $900/month and that is below market value/average, great opportunity to increase rent and cashflow! Great 3 bedroom 1.5 bath Colonial with attached 1 car garage on a full basement with plenty of storage and a large backyard just blocks from Peterson Playfield and Diack Park. This home is just waiting for your updates. Cash or Conv. Home sold as is. Close to grocery, shopping, and major freeways that will have you in the suburbs or downtown in minutes. Please do not disturb tenants this property is occupied. All information to be confirmed by the buyer and/or their agent(s).

Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Brick
Style:
Colonial

Construction

General:
2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
County:
Wayne

Lot

Zoning:
E MARLOWE 2333 AND W 10 FT OF VAC ALLEY ADJ BLACKSTONE PARK SUB NO 4 L52 P49 PLATS, W C R 22/236 45 X 154.59A, W22I040867S

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp

This listing courtesy of:
Tradewinds Development Group, LLC, Scott D MacDonald

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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