5731 Philip Street, Detroit, Michigan 48224

$50,000

Property Details

MLS#: 20261036217
Bedrooms: 3
Bathrooms: 1
Square Feet: 799
Price per Sqft: $63
Lot Size: 0.09 acres
Year Built: 1940
Property Type: Residential
Status: Active
Days on Market: 2

Description

A fantastic opportunity for homeowners and investors looking to secure property in one of Detroit’s steadily improving east-side neighborhoods! This charming property offers incredible potential with strong rental demand, excellent location advantages, and long-term upside for savvy buyers. The neighborhood continues to see revitalization and investment, making it an attractive option for both owner-occupants and investors seeking cash flow and appreciation potential. Enjoy spacious living areas, solid bones, and the opportunity to add your personal touch or maximize rental income. Whether you’re looking for your next family home, a turnkey rental, or your next renovation project, this property checks all the boxes.

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 5731 Philip Street?

5731 Philip Street is listed at $50,000, or $63 per square foot.

How many bedrooms does 5731 Philip Street have?

This property has 3 bedrooms and 1 bathrooms, with 799 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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