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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
1
Photo
3
beds
1
bath
1,082
sqft
Built in
1923
Charming fisherman's shack deep in beloved Jefferson Chalmers. A full 1.1 miles off of Jefferson with no other main roads nearby, the tranquillity of this part of the neighborhood is unmatched. It feels like if up-north were in Detroit and still 15 minutes from downtown. Detroit Abloom (the city's most beautiful community garden) takes up most of this city block, and is literally right out the back door. Corner lot, great neighbors. Easy value-add opportunity. Refinish the Kitchen and first floor Bath, finish the enormous second floor and add 2 more bedrooms or a primary suite plus office. With all of these updates, comparable properties sell for $200k+ Land contract terms available for a fix and flip buyer: $95k purchase price with $25,000 down for 6 months. Balloon payment for the remainder due upon resale. 2017 brought a new roof, furnace, refinsihed hardwood floors, and sewer line replaced all the way to the alley. This house is right up the street from the riverfront AB Ford Park, which is currently under renovation. The city has built a brand new community center, and is adding tennis, pickleball, and basketball courts, playgrounds, fishing, walking trails and more. Tenant occupied until 9/30/24. Do not disturb tenant. Agent owned.
Features & Amenities
Interior
- Basement:
- Full, Unfinished
- Heating:
- Forced air, Natural gas
Exterior
- Style:
- Bungalow
- Pool:
- None
- Parking:
- Alley access, No garage
Construction
- General:
- Aluminum siding, One, Basement, Block
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- W ASHLAND 273 BURTON & FREUDS RIVERSIDE BLVD SUB L29 P36 PLATS, W C R 21/387 35.36 X 115.02, W21I062596S
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
Fathom Realty MI LLC, Meagan Masterson
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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