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Nathaniel Richards

nate@reagentnathaniel.com +1(734) 299-1209

$ 120,000

Est. payment | -/mo

4 Beds

3 Baths

1,691 SqFt

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$ 120,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

1,691 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,691 sqft

Price per Sqft $70

MLS Listing ID 20261062640

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1927

Annual Tax Amount $5,511

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 55X180

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

INVESTOR SPECIAL: Massive Brick Fix-and-Flip or High-Yield Rental Opportunity! High-Equity Value-Add Opportunity in 48219 | 4 Bed Brick Home. Attention flippers, builders, and portfolio builders! Outstanding value-add opportunity located on a quiet block in Detroit's desirable 48219 area (just south of 7 Mile Rd). 18515 Salem St boasts 1,691 sq. ft. of classic brick construction with 4 spacious bedrooms, offering the ideal layout and footprint for a high-ROI transformation. The Value Drivers :Substantial Footprint (~1,691 Sq. Ft.): Significantly larger than the standard 1,000 sq. ft. brick bungalows in the area, allowing room to create a modern open-concept layout or add an extra bathroom/primary suite. 4 Large Bedrooms / 2.5 Baths Existing: Core structural division is already in place. Minor reconfigurations can maximize appraisal value. Solid Brick Bones: Solid brick exterior construction with character details, original hardwood flooring potential, and a natural brick fireplace. Full Unfinished Basement: Endless potential to add a recreation room, laundry space, or extra storage to boost total finished square footage. Deep Lot : Generous lot size (over 9,800 sq. ft.)

Location

State MI

County Wayne

Direction SOUTH OF 7 MILE WEST OF TELEGRAPH

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Living Room

Fireplace true

Exterior

Exterior Feature Deck(s), Patio

View Y/N No

Roof Type Composition

Garage No

Building

Story 2

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I124430S

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261062640

Listed by 3DX Real Estate LLC

Schools and Properties Nearby

Nathaniel Richards

Realtor | License ID: 6501446715

+1(734) 299-1209 | nate@reagentnathaniel.com

18515 Salem Street Detroit, MI 48219

Nathaniel Richards

Key Details

Location

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

18515 Salem Street