12755 Washburn Street, Detroit, MI 48238-3059

$53,000
3
BD
1
BA
1,288
SqFt

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List Price
$53,000
Status
ACTIVE
MLS#
70550002
Days on Market
72
Year Built
1924
Price Change
▼ $5,000 1787987239
Bedrooms
3
Bathrooms
1
Acres
1288
Living Area
1,288
Municipality
Detroit
Region
Detroit
Township
Detroit

Property Description

Unlock incredible potential with this new minor rehab project at 12755 Washburn! Offering an expansive 1,288 square feet of well-laid living space, this property provides the ideal layout for value-add investors looking to maximize their returns in a strong, active pocket. Featuring great structural bones, character elements like a stone and brick exterior with a covered front porch, and a detached garage, this home is primed for a straightforward cosmetic refresh. Capitalize on favorable neighborhood ARVs (After Repair Values) and strong nearby comps to turn this asset into a high-performing rental or a profitable fix-and-flip. Why This Is a Smart Investment: Generous Square Footage: Boasting 1,288 sq. ft. of functional space, providing room to optimize the layout and boost future value. Favorable Neighborhood ARVs: Situated in a desirable corridor where recent neighborhood activity and comparable sales point to a strong upside after light-to-moderate updating. BATVAI

Additional Information

Lot Dimensions
40 x 101
Heating
Natural Gas, Forced Air
Basement
Yes
Basement Description
MI Basement
Foundation
Basement, Michigan Basement
Water
Public
Garage Spaces
1
School District
Detroit City School District

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Calculator source: Real Geeks

Listing Courtesy of eXp Realty, LLC, Office Phone: 888-501-7085

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.