18697 Schaefer Highway, Detroit, Michigan 48235

$74,999

Property Details

MLS#: 20261039657
Bedrooms: 2
Bathrooms: 1
Square Feet: 1,363
Price per Sqft: $55
Lot Size: 0.08 acres
Year Built: 1948
Property Type: Residential
Status: Active
Days on Market: 95

Market Analysis

Estimated Value (CMA): $73,602
Area Avg Price/Sqft: $90
This Property: $55/sqft ($35 below area average)
Price Position: -39.0% vs comparable homes
Comparable Properties Analyzed: 4

Description

LOOKING FOR A DUPLEX IN DETROIT THAT IS READY TO MOVE IN? That is it!! Detroit’s strong rental market makes this property an attractive option for a local or remote investor seeking a steady stream of rental income with a reliable long-term tenant paying $1,200 monthly or for a first-time buyer. This One unit of a duplex has 2 bedrooms & 1bath, living & dining room w/ wooden flooring & recessed light fixtures. Bathroom is renovated W/ new vanities, toilets. All the big projects & hard work have already been done, giving you peace of mind for years to come. Clean & dry partially unfinished basement has plenty of space to add an entertainment area/second living room..New upgrades include: PEX plumbing, electrical, paint throughout, vinyl windows, & new roof. Located in a highly desirable area; near the Lodge Freeway, Southfield Freeway, and I-96.Minutes away from Downtown & Midtown Detroit (Riverwalk, Heart Plaza, casinos), Royal Oak, Ferndale, Plum Hollow Country Club, Detroit Golf Club, and Ralph C. Wilson, Jr. Centennial Park. providing easy access to numerous grocery stores & restaurants. Schedule your private showing today. No Seller Financing.

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 18697 Schaefer Highway?

18697 Schaefer Highway is listed at $74,999, or $55 per square foot.

How many bedrooms does 18697 Schaefer Highway have?

This property has 2 bedrooms and 1 bathrooms, with 1,363 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) 484-4696

Email: info@sonicrealty.com

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