2241 VERMONT Street, Detroit, Michigan 48216

$246,000

Property Details

MLS#: 20240055310
Bedrooms: 2
Bathrooms: 2
Square Feet: 1,112
Price per Sqft: $221
Lot Size: 0.1 acres
Year Built: 1900
Property Type: Residential
Status: Active
Days on Market: 575

Market Analysis

Estimated Value (CMA): $117,872
Area Avg Price/Sqft: $106
This Property: $221/sqft ($115 above area average)
Price Position: +108.0% vs comparable homes
Comparable Properties Analyzed: 2

Description

Historic Corktown Workers Cottage. In one of Detroit's hottest communities. The last property available. Very few sales in this area. Walking distance to the Ford Michigan Central Station (about 900 feet). Across the street from the Ford Corktown Information Center. Walking distance to where the new Detroit City Football Club Stadium will be constructed. Walking distance to restaurants and entertainment. 9'10" ceilings. Requires complete rehab. We can assist in finding reconstruction loans and project management. We highly recommend Michael Gordon from MGA Architects to design a million dollar property. A partner was going to renovate the property but is booked with other projects for several more years. We intended to tear down the newer rear addition, pickup the whole house and put a new full basement under it (with very high ceilings). Replace the removed portion with a new entertainer's kitchen, chef's kitchen, master suite and garage. Buyer's Agent to verify all information. Buyer to pay $595 Doc Fee. We can assist in having the property renovated to your desires. Using our recommended architect the ARV should be somewhere be somewhere north of $800,000.

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 2241 VERMONT Street?

2241 VERMONT Street is listed at $246,000, or $221 per square foot.

How many bedrooms does 2241 VERMONT Street have?

This property has 2 bedrooms and 2 bathrooms, with 1,112 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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