4845 University Place, Detroit, Michigan 48224

$95,000

Great Deal - This property is priced $97,850 below comparable homes in the area.

Property Details

MLS#: 20251046711
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,450
Price per Sqft: $66
Lot Size: 0.15 acres
Year Built: 1941
Property Type: Residential
Status: Active
Days on Market: 170

Market Analysis

Estimated Value (CMA): $192,850
Area Avg Price/Sqft: $133
This Property: $66/sqft ($67 below area average)
Price Position: -50.0% vs comparable homes
Comparable Properties Analyzed: 2

Description

Add this fully renovated Bungalow to your portfolio. This tenant occupied home is a great investment opportunity for a beginner investor looking to purchase a cash flowing property or for a seasoned investor looking to add to their portfolio. The property has been fully updated and is ready for move-in or a great rental for investment purchase. Home features hard wood floors throughout, new kitchen, updated bathroom. New roof, electric, and plumbing done in 2022. Backyard is fully fenced in with wooden privacy fence. Home has Certificate Of Occupancy valid through 6/01/27 Tenant-occupied and professionally managed by Clara Robinson PA Property Management, offering a seamless transition for the new owner.

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 4845 University Place?

4845 University Place is listed at $95,000, or $66 per square foot.

How many bedrooms does 4845 University Place have?

This property has 3 bedrooms and 1 bathrooms, with 1,450 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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