8854 STOUT Street, Detroit, MI 48228

$19,900 Asking Price

3 beds
1 bath
989  sqft
Built in 1949

Discover a unique opportunity to turn potential into profit with this Detroit rehab house, available at an incredibly low price due to fire damage. This property offers a blank canvas for those with vision and the drive to make their mark. With a strategic location just off the highway, you'll enjoy effortless access to all the essentials, whether you're commuting to work or exploring the city. This house is perfect for buyers looking to invest in a rental property or create their dream home with their own updates and personal touch. The affordable price point means you can customize and renovate to fit your style and needs, maximizing your return on investment or crafting a comfortable living space. Don’t miss out on this chance to capitalize on Detroit’s real estate potential and make this house your next success story. **UTILITIES HAVE BEEN SHUT OFF DUE TO FIRE IN HOUSE**


Features & Amenities

Interior

Appliances:
Dryer, Free standing gas oven, Free standing refrigerator, Washer
Laundry:
Gas dryer hookup
Basement:
Unfinished
Heating:
Forced air, Natural gas

Exterior

Style:
Bungalow
Other Structures:
Porch
Pool:
None
Parking:
Oneand half car garage, Detached

Construction

Roofing:
Asphalt
General:
Other, One, Basement, Block

Location

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

Lot

Zoning:
E STOUT 937 WARRENDALE WARSAW #1 L47 P34 PLATS, W C R 22/210 35X134.02, W22I100990S
Fencing:
Back yard

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
Keller Williams Paint Creek, Tomasz Peda

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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