2981 Euclid Street, Detroit, Michigan 48206

$39,999

Property Details

MLS#: 20251024846
Bedrooms: 3
Bathrooms: 1.5
Square Feet: 1,108
Price per Sqft: $36
Lot Size: 0.11 acres
Year Built: 1916
Property Type: Residential
Status: Active
Days on Market: 148

Market Analysis

Estimated Value (CMA): $16,620
Area Avg Price/Sqft: $15
This Property: $36/sqft ($21 above area average)
Price Position: +140.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

Investor Special Near Boston-Edison! This estate-owned fixer-upper is located just minutes from the Boston-Edison Historic District and has been in the same family since the 1960s. A full roof tear-off was completed within the last 7 years, some windows have been updated, and the property features a fully fenced yard. With solid bones and a prime location in an up-and-coming neighborhood, this home offers excellent potential for renovation. Estimated rental income is $900–$1,000/month, and ARV is estimated at $110,000—a great opportunity for investors looking to add value and build equity. Land contract price is $44,999. Property is occupied by a tenant. WE ARE CURRENTLY IN THE PROCESS OF EVICTING THE TENANT. No interior access available at this time.

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 2981 Euclid Street?

2981 Euclid Street is listed at $39,999, or $36 per square foot.

How many bedrooms does 2981 Euclid Street have?

This property has 3 bedrooms and 1.5 bathrooms, with 1,108 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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