$50,000

About This Home

Fantastic investment opportunity awaits in Detroit’s Gratiot Meadows neighborhood! This solid brick colonial is a former Detroit Land Bank home that offers a massive head start, featuring approximately $80,000 in documented improvements already completed. The heavy lifting has been done for you, including a newer roof, a rebuilt front porch, some upgraded electrical, and some updated plumbing with new PEX water lines and a new hot water tank. Additionally, the property benefits from new basement windows, extensive interior wall repairs, professional drain work, complete demolition, a thorough yard cleanup, and the installation of all kitchen, bathroom, and heating elements required for Land Bank compliance. A Ring security system is also included for your peace of mind. Inside, you will find a spacious layout offering four bedrooms, two bathrooms, a formal dining room, and a full unfinished basement. While currently configured as a single-family home, this versatile property was previously used as a two-family duplex and can easily be re-converted back to a multi-family layout, matching the current seller's original plans. Bring your design vision to life, select your own custom finishes, and easily complete this renovation project. CASH ONLY.

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