11800 Riad Street, Detroit, Michigan 48224

$94,000

Property Details

MLS#: 20251031400
Bedrooms: 3
Bathrooms: 2
Square Feet: 1,300
Price per Sqft: $72
Lot Size: 0.1 acres
Year Built: 1929
Property Type: Residential
Status: Active
Days on Market: 366

Market Analysis

Estimated Value (CMA): $57,200
Area Avg Price/Sqft: $37
This Property: $72/sqft ($35 above area average)
Price Position: +95.0% vs comparable homes
Comparable Properties Analyzed: 5

Description

FHA Appraisal $104,000!!! If financing, seller will pay 3 points to lower your interest rate. Land Contract options available too. Introducing a solid investment opportunity: A charming brick home featuring 3 spacious bedrooms and 2 full bathrooms. Currently leased by a reliable Section 8 tenant, this property promises steady income, making it a perfect addition to any investor's portfolio. With its durable construction and desirable layout, it offers both security and comfort for the occupants (tenants or primary residence if it were to become vacant). This home is ideal for those looking to expand their investment horizons. Don't miss out. Seller is motivated. Schedule an appointment today!

Location

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

Frequently Asked Questions

What is the price of 11800 Riad Street?

11800 Riad Street is listed at $94,000, or $72 per square foot.

How many bedrooms does 11800 Riad Street have?

This property has 3 bedrooms and 2 bathrooms, with 1,300 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) 484-4696

Email: info@sonicrealty.com

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