19255 Norwood St, Detroit, MI 48234

$60,000 Asking Price

4 beds
3 baths
1,533  sqft
Built in 1926

Excellent Opportunity - Prehab 4-Bedroom Home Discover the potential in this 4-bedroom, 2-bathroom property! A significant amount of renovation work has already been completed, including some new flooring, updated plumbing, updated electrical, updated mechanicals, updated windows, basement sump pump and some fresh paint. However, this house still requires some finishing touches, making it perfect for an investor looking for a project with much of the heavy lifting already done. The property is priced to sell as is, reflecting the remaining repairs needed. Once completed, this home could easily become a high-demand rental, with similar properties in the area renting for $1,300+ per month. With an After Repair Value (ARV) estimated at $100,000+, there's a strong upside for the right buyer. take advantage of the investment potential. Bring us an offer, and let's make a deal happen!


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Vinyl Siding
Style:
Bungalow

Construction

General:
2 Story, Basement

Location

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

Lot

Zoning:
W NORWOOD 478 BIRCH LAWN SUB L45 P98 PLATS, W C R 13/284 30 X 100, W13I022330S

Utilities

Water:
Public Water,Public Water at Street
Sewer:
Public Sanitary,Public At Street

Financial

Source:
RealComp

This listing courtesy of:
EXP Realty LLC, Tyrone Powell

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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