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16
Photos
14024 LAMPHERE Street, Detroit, MI 48223
$47,500 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
736
sqft
Built in
1956
This charming 2-bedroom, 1-bathroom home offers endless potential for both investors and first-time homebuyers. Situated in a desirable neighborhood, this property is perfect for those looking to add their personal touch or capitalize on its investment potential. Investment Highlights: Strong Rental Demand: The property's location in a sought-after area ensures high demand from tenants, making it an ideal investment opportunity. Potential for Appreciation: With some renovations and updates, the property's value can significantly increase over time. Cash Flow Potential: A well-maintained rental property can generate steady rental income, providing a solid return on investment. Being sold AS-IS. All information listed is deemed reliable, not guaranteed. Buyer/agent to verify. Purchaser to pay 495 processing fee to the listing broker at closing. NO EXCEPTIONS! Buyer will receive a clean title, warranty deed, and title insurance! Thank you!
Features & Amenities
Interior
- Heating:
- Forced air, Natural gas
Exterior
- Style:
- Ranch
- Pool:
- None
- Parking:
- No garage
Construction
- General:
- Aluminum siding, One, Slab
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- E LAMPHERE 325 B E TAYLORS BRIGHTMOOR- CANFIELD SUB L47 P63 PLATS, W C R 22/490 34 X 127.48, W22I116148S
Utilities
- Water:
- Waterat street
- Sewer:
- Public sewer
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
Downtown Realty, Martinus J Hutcherson
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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