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25
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5395 HEREFORD Street, Detroit, MI 48224
$49,900 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
1,342
sqft
Built in
1930
**OPPORTUNITY** This 3 bedroom, 1 bathroom brick colonial Tudor is located in the up & coming Cornerstone Village neighborhood and could be a perfect rental property with Section 8 rents as high as $1,350/month OR could be a good fix-n-flip with ARVs as high as 150-175K!! The property does require significant rehab and updating, but includes original hardwood flooring throughout most of the property, an oversized 2-car garage, a spacious kitchen, living room, and dining room, beautiful historic features like the exterior brick and the leaded glass interior front door, an updated 100 amp electrical panel, updated romex wiring, forced air heating, updated vinyl windows, a 3D architectural shingle roof, and so much more! Located just outside of the East Warren/Cadieux Strategic Neighborhood Fund area, which has seen tens of millions of public and private investment with more to come!
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Forced air, Natural gas
- Fireplace:
- Living room, Wood burning, Fireplace
Exterior
- Style:
- Colonial, Tudor
- Other Structures:
- Porch
- Pool:
- None
- Parking:
- Two car garage, Detached
Construction
- Roofing:
- Asphalt
- General:
- Brick, Two, Basement, Block
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- W HEREFORD 105 GROSSE PTE GARDENS SUB L1056 P500 DEEDS, W C R 21/850 50 X 166.07A, W21I077220S
Utilities
- Utilities:
- Above ground utilities, Cable available, Underground utilities
- Water:
- Public, Waterat street
- Sewer:
- Public sewer, Sewer at street
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
RE/MAX Leading Edge, Ryan E Kain
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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