515 Mount Vernon Street, Detroit, MI 48202

$90,000 Asking Price

4 beds
1 bath
1,468  sqft
Built in 1910

Discover a fantastic investment opportunity with this spacious 4-bedroom home, perfect for those looking to rent or flip. This home could use some cosmetic TLC, but the property is in overall good condition. Currently tenant-occupied, it presents an immediate rental income opportunity, making it a smart choice for investors. Don't miss your chance to transform this large home into your dream property or a profitable addition to your portfolio! This home is in process of a quiet title.


Features & Amenities

Interior

Heating:
Forced air, Natural gas
Fireplace:
Living room, Fireplace

Exterior

Style:
Colonial
Pool:
None

Construction

General:
Wood siding, Two, Basement, Wood

Location

Originating MLS:
East Central Association of REALTORS
School District:
Detroit
County:
Wayne

Lot

Zoning:
N MT VERNON 100 KOCHS L8 P14 PLATS, W C R 3/95 30 X 110, 03002086

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
East Central Association of REALTORS

This listing courtesy of:
Elite Real Estate Professionals, Inc., Keelie Aldridge

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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