3828 SCOVEL, Detroit, Michigan 48208

$15,000

Great Deal - This property is priced $20,644 below comparable homes in the area.

Property Details

MLS#: 20240074335
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,273
Price per Sqft: $12
Lot Size: 0.03 acres
Year Built: 1905
Property Type: Residential
Status: Active
Days on Market: 504

Market Analysis

Estimated Value (CMA): $35,644
Area Avg Price/Sqft: $28
This Property: $12/sqft ($16 below area average)
Price Position: -57.0% vs comparable homes
Comparable Properties Analyzed: 2

Description

Attention Investors check out this latest offering from the Detroit Land Bank Authority! Two residential homes for the price of one! This bundle includes 3828 S Scovel Place and 3826 S Scovel Place. These colonial-style row houses offer a fantastic investment opportunity but are in distressed condition, ideal for those looking to renovate and add value. Each residence features 3 bedrooms, 1 bathroom, and approximately 1,200 square feet of living space. Located near major freeways, these homes offer easy access to the city. With the right vision, this property can be transformed into a profitable investment or restored to its former charm. Don’t miss out on this chance to create something special! This property is being sold as is. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.

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 3828 SCOVEL?

3828 SCOVEL is listed at $15,000, or $12 per square foot.

How many bedrooms does 3828 SCOVEL have?

This property has 3 bedrooms and 1 bathrooms, with 1,273 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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