18515 Salem Street, Detroit, Michigan 48219

$120,000

Property Details

MLS#: 20261062640
Bedrooms: 4
Bathrooms: 2.5
Square Feet: 1,691
Price per Sqft: $71
Lot Size: 0.23 acres
Year Built: 1927
Property Type: Residential
Status: Active
Days on Market: 8

Description

INVESTOR SPECIAL: Massive Brick Fix-and-Flip or High-Yield Rental Opportunity! High-Equity Value-Add Opportunity in 48219 | 4 Bed Brick Home. Attention flippers, builders, and portfolio builders! Outstanding value-add opportunity located on a quiet block in Detroit’s desirable 48219 area (just south of 7 Mile Rd). 18515 Salem St boasts 1,691 sq. ft. of classic brick construction with 4 spacious bedrooms, offering the ideal layout and footprint for a high-ROI transformation. The Value Drivers :Substantial Footprint (~1,691 Sq. Ft.): Significantly larger than the standard 1,000 sq. ft. brick bungalows in the area, allowing room to create a modern open-concept layout or add an extra bathroom/primary suite. 4 Large Bedrooms / 2.5 Baths Existing: Core structural division is already in place. Minor reconfigurations can maximize appraisal value. Solid Brick Bones: Solid brick exterior construction with character details, original hardwood flooring potential, and a natural brick fireplace. Full Unfinished Basement: Endless potential to add a recreation room, laundry space, or extra storage to boost total finished square footage. Deep Lot : Generous lot size (over 9,800 sq. ft.)

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 18515 Salem Street?

18515 Salem Street is listed at $120,000, or $71 per square foot.

How many bedrooms does 18515 Salem Street have?

This property has 4 bedrooms and 2.5 bathrooms, with 1,691 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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