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5117 University Place, Detroit, MI 48224

$27,000
  • 5117 University Place, Detroit, MI 48224 Main Photo

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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET1,336 MLS#20261045731
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONFarmbrook SCHOOLDetroit

Property Description

Great investment opportunity in Detroit’s Cornerstone Village neighborhood! This 3-bedroom, 1-bath home offers over 1,300 square feet and has tons of potential for the right investor. The property experienced fire damage and will need a full renovation, but it sits on a solid foundation and provides a great opportunity to add value. Features include a spacious floor plan and a large detached garage that was not affected by the fire. Located in an established neighborhood with many updated and well-maintained homes nearby, this property has strong upside for resale or rental income. Cash buyers only. Sold as-is. Buyer to verify all information (BATVAI).

5117 University Place | MLS# 20261045731

This single family home located at 5117 University Place, Detroit, MI 48224 is currently listed for sale with an asking price of $27,000. This property was built in 1937 and has 3 bedrooms and 1 full baths with 1336 sq. ft. University Place is located in the Farmbrook subdivision within the Detroit school district. Search Farmbrook real estate on www.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.15 Acres
Year Built: 1937

Feature Descriptions

Architecture: Bungalow
Days on Site: 3
Exterior: Brick
Foundation: Basement
Frontage Feet: 50
Garage/Parking: Detached
Lot Dimensions: 0.15 Acre(s)
Parking Notes: Detached
Road Frontage: Paved
Summer Tax: $1674.0000
Winter Tax: $2083.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: RE/MAX First
Agency Phone: (586) 799-8000

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 158.91 per month $151.03 Principal & Interest $0.00 Property Tax (data not provided by mls) $7.88 Homeowner's Insurance

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