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5742 NOTTINGHAM Road Detroit, MI 48224 3115
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Key Details
Sold Price $73,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,578 sqft
Price per Sqft $46
Subdivision Nottingham Sub (Plats)
MLS Listing ID 60087878
Sold Date 05/09/22
Style 1 1/2 Story
Bedrooms 4
Full Baths 1
Half Baths 1
Abv Grd Liv Area 1,578
Year Built 1927
Annual Tax Amount $593
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00X131.00
Property Description
TONS OF POTENTIAL ON THIS 4 BEDROOM (POSSIBLY 5 BEDROOM) BRICK BUNGALOW ON A BEATIFUL STREET. THE HOME FEATUES A NEWER ROOF AND A NEWER ELECTRICAL PANEL. NEEDS WORK, HOWEVER THERE IS PLENTY OF MEAT ON THE BONE. EITHER DO A SMALL REHAB AND RENT IT OUT FOR $1,400 A MONTH, OR DO A NICER REHAB (THAT SHOULD COST NO MORE THAN 40-50k) AND THE POTENTIAL "AS REPAIRED" VALUE CAN BE AS HIGH AS $175,000. THERE IS A SALE IN THE SAME NEIGHBORHOOD AT $188,000. IF YOU DO A DECENT REHAB YOU WILL BE ABLE TO SELL THIS HOME FOR NO LESS THAN $150,000. HUGE UNFINISHED ROOM ON SECOND FLOOR CAN BE FINISHED OFF TO MAKE 5TH BEDROOM OR HUGE MASTER BATH. DON'T MISS OUT ON THIS GREAT "FIX & FLIP" OR COULD POTENTIALLY MAKE AN AWESOME RENTAL PROPERTY WITH JUST A FEW MINOR REPAIRS.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Waterfront No
Garage No
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Aluminum,Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional,FHA
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Bought with RE/MAX Team 2000
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