20235 Ferguson Street, Detroit, Michigan 48235

$65,000

Great Deal - This property is priced $18,412 below comparable homes in the area.

Property Details

MLS#: 20251020531
Bedrooms: 3
Bathrooms: 1
Square Feet: 999
Price per Sqft: $65
Lot Size: 0.12 acres
Year Built: 1950
Property Type: Residential
Status: Active
Days on Market: 190

Market Analysis

Estimated Value (CMA): $87,912
Area Avg Price/Sqft: $88
This Property: $65/sqft ($23 below area average)
Price Position: -20.0% vs comparable homes
Comparable Properties Analyzed: 5

Description

Investor alert! This updated 3-bedroom bungalow is a turn-key, income-producing opportunity located in an appreciating zip code. Currently occupied by a reliable, long-term tenant on a month-to-month lease paying $1,050 and eager to stay, this property offers immediate cash flow with minimal hassle. Whether you're expanding your portfolio or just getting started, this one is priced to move and won't last long. Price reduction is reflective of current condition. Selling as-is.

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 20235 Ferguson Street?

20235 Ferguson Street is listed at $65,000, or $65 per square foot.

How many bedrooms does 20235 Ferguson Street have?

This property has 3 bedrooms and 1 bathrooms, with 999 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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