Detroit, MI 48224,5525 MARYLAND Street
$13,000
$21,500
39.5%
Est.Price: ?

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3 BD
1 BA
1,090 SqFt

5525 MARYLAND Street Detroit, MI 48224

Est. payment /mo
SOLD DATE : 05/06/2022

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Key Details

Sold Price $13,000

Property Type Single Family Home

Sub Type Bungalow

Listing Status Sold

Purchase Type For Sale

Square Footage 1,090 sqft

Price per Sqft $11

Subdivision Wallace Frank B Alter Rd Gardens

MLS Listing ID 2210077133

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1925

Annual Tax Amount $948

Lot Size 3,920 Sqft

Property Description

INVESTOR SPECIAL! Detroit Morningside 3 br / 1 ba bungalow. Needs complete rehab being sold “as-is”. Electrical is working but limited light fixtures - bring flashlight. $50K-$70K ARV. $750 - $900 monthly rental income ($9000 - $10,800 yearly). Property is gutted to the studs. New roof ('19), new and complete electrical to code ('19) and new and complete HVAC ductwork installed to code ('19), Goodman furnace w/ plenum (stored offsite & included at close). Partial gutters installed. Foundation work needed. South wall is sealed and completed, north wall needs sealing and securing to front wall, west wall is nearly complete as a secondary support wall but needs sealing. Hardwood floors throughout but need repairs. Porch is unstable so lockbox at rear door. Home includes adjacent lot. Proof of funds required and EMD held at Abstract Title after successful buyer inspection. Buyer pays all city inspections if required. ShowingTime requests only and enter through the rear door only.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Interior

Heating Forced Air

Exterior

Garage Description No Garage

Roof Type Asphalt

Building

Foundation Basement

Sewer Septic Tank (Existing), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Vinyl

Schools

School District Detroit

Others

Acceptable Financing Cash, Warranty Deed

Listing Terms Cash, Warranty Deed

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Realcomp MLS
Listed by Kimberly L Knox of Milagro Realty Group, LLC
Bought with EXP Realty LLC

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agent

Samantha Hillery

Founder/Realtor | License ID: 6501419544

+1(248) 917-6460

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