18507 CHERRYLAWN Street, Detroit, MI 48221

$150,000 Asking Price

3 beds

2 baths

2,017 sqft

Built in 1938

Highest and Best due by 12/17/2024 at 7PM. This beautiful brick colonial would be a great investment opportunity. Currently leased out to the same tenants for 10 years. Property is sold in AS IS condition and buyer is to obtain all city certificates. All showings much have an agent present. We ask that you please be mindful when viewing the property as it is home to these tenants.

Listing Status:: Active
Date Added:: December 9, 2024 — 13 days ago
Listing Office:: RE/MAX Leading Edge, Logan Cook (313-277-7777)
Office Phone:: 313-277-7777
MLS ID:: 20240091157

Features & Amenities

Interior

Basement:: Partially finished
Heating:: Forced air, Natural gas

Exterior

Style:: Colonial
Pool:: None
Parking:: One car garage, Detached

Construction

General:: Brick, Two, Basement, Poured

Location

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

Lot

Zoning:: W CHERRYLAWN 28 SCHERER GARDENS SUB L57 P73 PLATS, W C R 16/374 40 X 104.72A, W16I033207S

Utilities

Water:: Public, Waterat street
Sewer:: Public sewer, Sewer at street

Financial

Source:: Realcomp II Ltd

This listing courtesy of:
RE/MAX Leading Edge, Logan Cook

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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18507 CHERRYLAWN Street, Detroit, MI 48221

$150,000 Asking Price