14024 Lamphere St, Detroit, MI 48223

$47,500 Asking Price

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:
Natural Gas, Forced Air

Exterior

General:
Aluminum
Style:
Ranch

Construction

General:
1 Story, Slab

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
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:
Public Water at Street
Sewer:
Public Sanitary

Financial

Source:
RealComp

This listing courtesy of:
Downtown Realty, Martinus J Hutcherson

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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