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Carl Carter

carl@midwestlifestyleproperties.com +1(517) 204-2776

$79,900

Est. payment - /mo

3 Beds

1 Bath

1,291 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,291 sqft

Price per Sqft $61

MLS Listing ID 20261040373

Bedrooms 3

Full Baths 1

Year Built 1928

Annual Tax Amount $3,158

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 44X106.6

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Located in Detroit's established B.E. Taylors Luana Subdivision, this is a compelling opportunity with a huge spread investors or sweat equity deal hunters seeking a value-add project in a neighborhood known for its classic brick colonials, strong rental demand, and active sales activity. The surrounding area features a consistent housing stock of larger two-story homes, many with basements and garages, creating a solid foundation for both renovation and long-term hold strategies. Ferguson continues to see investor interest due to its affordability, proximity to major roads, shopping, and employment corridors, while recent neighborhood sales demonstrate ongoing demand for updated properties. This brick colonial offers the kind of spread and upside experienced investors look for — a chance to create meaningful equity through improvements in an area where well-executed renovations continue to attract buyers and tenants alike. And speaking of tenants - unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don't miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed.

Location

State MI

County Wayne

Direction From Southfield Freeway (M-39), take the Fenkell Avenue exit and head east on Fenkell. Continue to Ferguson Street and turn left (north). The property will be located on the right-hand side of the street.

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I063848S

Acceptable Financing Cash

Listing Terms Cash

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Listed by REMAX City Centre

Nearby School & Business

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Carl Carter

+1(517) 204-2776

Agent

15411 Ferguson Street Detroit, MI 48227

Carl Carter

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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