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About the Listing 101927 - 619839
Unlock the potential in this solid Detroit property located right on the edge of Ferndale and Royal Oak, offering rare proximity to three major lifestyle corridors - Downtown Detroit, Downtown Ferndale, and Downtown Royal Oak. Whether you're an investor seeking your next rehab project or an owner-occupant planning to use an FHA 203k renovation loan, this home delivers outstanding upside in a high-demand location. A new roof was installed about 3 years ago and at closing, a new furnace and hot water tank will be installed. Just two blocks from the Meijer-anchored retail complex, you'll have immediate access to groceries, shopping, restaurants, and daily conveniences - an amenity package that's hard to beat at this price point. The property needs renovation, but the fundamentals are here: strong surrounding values, high rental demand, and a location that continues to benefit from ongoing reinvestment along the Eight Mile corridor. Perfect for a full redesign, long-term hold, or a customized owner-occupied renovation. After repair values for this area average about $250,000, excellent upside. A strategic opportunity for anyone looking to build equity in a rapidly improving pocket of Detroit.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Residential
MLS ®
60975746
Year Built
1938
Total Square Footage
1,495
Lot/Acreage
0.09
County
Wayne
Neighborhood
Woodward
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1495
- Below Ground Sq Ft: 750
- Basement: Unfinished
- Other:
- Water: Public Water,Public Water at Street
Exterior Details
- Garage Capacity: 2 car
- Lot Dimensions: 40X100
- Roof:
- Others:
- Sewer: Public At Street
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $130
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
2597 W 8 Mile Detroit, MI 48221
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