18498 Vaughan Street, Detroit City, Michigan 48219

$75,000

Great Deal - This property is priced $28,808 below comparable homes in the area.

Property Details

MLS#: 81025061875
Bedrooms: 2
Bathrooms: 1
Square Feet: 1,034
Price per Sqft: $73
Lot Size: 0.09 acres
Year Built: 1947
Property Type: Residential
Status: Active
Days on Market: 51

Market Analysis

Estimated Value (CMA): $115,808
Area Avg Price/Sqft: $112
This Property: $73/sqft ($39 below area average)
Price Position: -25.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

High-Equity 3BR Project in a Rapidly Improving Area - Cash Only - As-IsThis Detroit property is a prime fix-and-flip or BRRRR investment for any serious investor looking for big spreads, strong ARV potential, and fast rental demand. Located in a high-activity investor zone with improving comps and ongoing neighborhood redevelopment, this home is a textbook value-add project ready for your crew.Featuring a classic Detroit 3-bedroom layout, this property offers the perfect foundation for a full cosmetic renovation--update flooring, paint, mechanicals, kitchen, bath, roof/siding as needed, and watch the ARV climb. The layout makes it easy to open walls and convert to a modern open-concept floor plan that today's buyers and renters want.The area supports strong rent-to-value ratios, making this an ideal BRRRR candidate after rehab. Whether you're flipping for quick equity or holding for long-term cash flow, this property checks every box.Motivated SellerSold as is

Location

This property is located in Detroit City, Michigan. Detroit City is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 18498 Vaughan Street?

18498 Vaughan Street is listed at $75,000, or $73 per square foot.

How many bedrooms does 18498 Vaughan Street have?

This property has 2 bedrooms and 1 bathrooms, with 1,034 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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