12081 Stout Street, Detroit, Michigan 48228

$64,900

Great Deal - This property is priced $23,084 below comparable homes in the area.

Property Details

MLS#: 20251012243
Bedrooms: 3
Bathrooms: 1
Square Feet: 846
Price per Sqft: $77
Lot Size: 0.12 acres
Year Built: 1946
Property Type: Residential
Status: Active
Days on Market: 243

Market Analysis

Estimated Value (CMA): $87,984
Area Avg Price/Sqft: $104
This Property: $77/sqft ($27 below area average)
Price Position: -26.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

Discover the potential of this investment opportunity at 12081 Stout St, Detroit, MI. This "as-is" property presents a unique chance for investors looking to expand their rental portfolio and generate passive income. Situated in a neighborhood poised for growth, the home offers significant promise for those with a vision and the willingness to undertake renovations. Understanding the demands of transforming "as-is" homes into profitable rental properties will enable investors to maximize the opportunity this address provides. With the growing interest in Detroit's real estate market, this property stands as a promising project for those with the intent to create a stable and lucrative rental income stream. Property Sold "AS-IS". ALL DATA AND MEASUREMENTS ARE APPROXIMATE AND DEEMED RELIABLE BUT NOT GUARANTEED. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION PROVIDED. A MICHIGAN LISENCED REAL ESTATE AGENT IS TO BE PRESENT AT ALL SHOWINGS.

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 12081 Stout Street?

12081 Stout Street is listed at $64,900, or $77 per square foot.

How many bedrooms does 12081 Stout Street have?

This property has 3 bedrooms and 1 bathrooms, with 846 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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