3154 Lenox Street Detroit, MI 48215
This promising investment property nestled in the heart of Detroit and is brimming with character, perfect for experienced investors or those looking to make their mark on the Detroit housing landscape. This multi-level layout provides a spacious footprint for creative redesign. This property's generous lot size allows for potential expansion or exterior amenities. - Located within a community ripe for revitalization efforts, promising increasing future values. - Rental market insights indicate potential earning estimates of around $1, 027 - $1, 106 per month, adding allure for those interested in buy-to-rent strategies. - Requires comprehensive renovations - perfect for a tailor-made project. - Holds the promise of significant returns on investment post-renovation. Seize the opportunity to transform this property into a profitable venture. With homes in the area displaying a year-on-year growth in value, capitalize on the low entry price and the promising rental income projections. Whether you aim to flip or to rent, this property presents an exciting proposition in a dynamically evolving Detroit market.
- Property TypeSingle Family Home
- NeighborhoodJefferson &Amp; Mack Ave Sub (Plats)
- CountyWayne
- Taxes$983
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusActive
- MLS ID Number20240020854
- Home Size Source N/A
- Year Built1921
- Lot Size0.07 Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Style Raised Ranch
- Construction Vinyl Siding
- Parking Detached
- Sewer Public Sewer
- Basement Unfinished
- Number of Stories 1
- Water Public
- Garage Spaces 1
- Foundation Block
Interior Features
- Heating Forced AirNatural Gas
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
- Patio And Porch Porch
Community Features
- Senior Community No
- MLS Area Det: Mcclellan East/Mack To Shor