14263 Hampshire Street, Detroit, Michigan 48213

$39,000

Property Details

MLS#: 58050212092
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,056
Price per Sqft: $37
Lot Size: 0.14 acres
Year Built: 1956
Property Type: Residential
Status: Active

Market Analysis

Estimated Value (CMA): $89,760
Area Avg Price/Sqft: $73
This Property: $37/sqft ($36 below area average)
Price Position: -49.0% vs comparable homes
Comparable Properties Analyzed: 9

Description

Detroit Investment Opportunity "“ Harper-Chalmers Park Subdivision Brick Ranch with Endless Potential! Amazing opportunity on this 3-bedroom Detroit brick ranch offering over 1,000 square feet of living space and tremendous value-add potential. This desirable ranch-style home features a convenient single-level floor plan, 1 full bathroom, beautiful hardwood flooring throughout the first floor, and a full basement with the potential to create up to 3 additional bedrooms, significantly increasing usable living space and value. Recent improvements include a newer roof and newer windows, helping reduce major upfront expenses while enhancing the property's long-term value. The home also features a beautiful brick exterior and solid construction, providing an excellent foundation for your renovation plans. The home needs cleaning, electrical updates, and some TLC but has solid bones and outstanding upside potential. Whether you're an investor seeking your next flip, a BRRRR opportunity, or a long-term rental property, this home offers multiple exit strategies and strong potential returns. Ideally located in Detroit's desirable Harper-Chalmers Park area, just minutes from I-94 via Chalmers Street and conveniently positioned near the major cross streets of Marlborough and Lakewood. Enjoy easy access to shopping, dining, schools, employment centers, and everyday amenities. This property is ready for your ideas and improvements. With solid brick construction, a desirable ranch layout, hardwood flooring, a full basement, and key exterior updates already completed, this one has endless possibilities! Sold As-Is. Bring your vision and unlock the full potential of this Detroit investment opportunity.

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 14263 Hampshire Street?

14263 Hampshire Street is listed at $39,000, or $37 per square foot.

How many bedrooms does 14263 Hampshire Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,056 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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