1726 Pine Street, Detroit, Michigan 48216

$50,000

Property Details

MLS#: 20261044806
Bedrooms: 4
Bathrooms: 2
Square Feet: 1,121
Price per Sqft: $45
Lot Size: 0.14 acres
Year Built: 1900
Property Type: Residential
Status: Active
Days on Market: 82

Market Analysis

Estimated Value (CMA): $118,826
Area Avg Price/Sqft: $98
This Property: $45/sqft ($53 below area average)
Price Position: -54.0% vs comparable homes
Comparable Properties Analyzed: 3

Description

Investment opportunity in one of Detroit's rapidly developing areas. This property sits on a sizable lot and offers strong potential for renovation, rental income, or long-term appreciation. Conveniently located near major employment centers, downtown Detroit, and neighborhood amenities. A great addition to any investment portfolio with upside potential in a growing market. Property is being sold as-is. Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: 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 abatements 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development 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 1726 Pine Street?

1726 Pine Street is listed at $50,000, or $45 per square foot.

How many bedrooms does 1726 Pine Street have?

This property has 4 bedrooms and 2 bathrooms, with 1,121 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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