5570 Townsend St, Detroit, MI 48213

$34,000 Asking Price

3 beds
1 bath
1,412  sqft
Built in 1910

This 3-bedroom, 1-bath home presents a perfect investment opportunity in Detroit’s growing real estate market. Featuring new 220 amp electrical, updated plumbing, and a 24/7 state-of-the-art security system, the major upgrades are already taken care of. The property will require a full cosmetic renovation, making it an ideal project for investors looking to capitalize on the rising values in the area. Situated near the revitalizing Jefferson-Chalmers neighborhood and other ongoing developments on Detroit’s East Side, this home offers great potential in a community poised for growth. Don’t miss out on transforming this property into a profitable asset!

Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Wood
Style:
Colonial

Construction

General:
2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
County:
Wayne

Lot

Zoning:
E TOWNSEND 563 WM TAITS SUB L16 P87 PLATS, W C R 17/104 31.53 X 118, W17I012118S

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp

This listing courtesy of:
Keller Williams Legacy, Thergam Alshara

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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