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5525 MARYLAND Street Detroit, MI 48224
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,090 sqft
Price per Sqft $11
MLS Listing ID 2210077133
Bedrooms 3
Full Baths 1
Year Built 1925
Annual Tax Amount $948
Lot Size 3,920 Sqft
Property Sub-Type Single Family Residence
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 Wayne County - 100
Interior
Heating Forced Air
Exterior
Exterior Feature Porch(es)
View Y/N No
Roof Type Asphalt
Building
Story 2
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
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