12823 Riad St, Detroit, MI 48224
- $50,000
- 3
- BD
- 1
- BA
- 974
- SqFt
- Sold Price
- $50,000
- List Price
- $64,900
- Closing Date
- Mar 21, 2025
- MLS#
- 20240082675
- Status
- CLOSED
- Bedrooms
- 3
- Bathrooms
- 1
- Total Square Footage
- 974
- Subdivision
- HOLTZMAN JOSEPH (ALSO PG 76)
Property Description
**OPPORTUNITY** This 3 bedroom, 1 bathroom brick bungalow is located in the Denby neighborhood, near the border of Harper Woods, and could make an excellent rental property with Section 8 rents as high as $1,300/month OR could be your next fix-n-flip project with ARVs in the 110-125K range! The property features hardwood flooring throughout most of the 1st floor, forced air heating, vinyl windows, PEX plumbing, an updated 100 amp electrical panel with mostly romex wiring, and a 3-tab shingle roof! The property does require some cosmetic updates, but the kitchen and bathroom could be repurposed relatively cheaply and easily if you go the rental route! Perfect for a BRRRR strategy! CASH OR HARD MOENY ONLY, NO SELLER FINANCING.
Additional Information
- Year Built
- 1944
- Basement Type
- Unfinished
- Foundation
- Basement, Block
- Acres
- 0.12
- Style
- Bungalow
- Acres
- 0.12
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Description
- None
Mortgage Calculator
Courtesy of RE/MAX Leading Edge 7344048800
Selling Office: Real Broker LLC Troy.
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