5298 NEFF Avenue, Detroit, MI 48224

• 2 beds |
• 1 bath |
• 720 sqft

Property Description

**OPPORTUNITY** This 2 bedroom, 1 bathroom Cornerstone Village home could be perfect for a first-time homebuyer who isn't afraid of generating a little sweat equity or it could also be perfect for an investor looking to start or expand their portfolio! With Section 8 rents for similar properties as high as $1,100/month, the ROI on this property would be sky-high! The property features hardwood flooring throughout almost all of the property, an updated kitchen, an bathroom that would need very minimal work to make it nice, forced air heating, wrought-iron windows w/ storm windows, a 3D architectural shingle roof, a 3 seasons room, an oversized 1.5 car garage, and so much more! Best of all, the property is located in the East Warren/Cadieux Strategic Neighborhood Fund area, which has enabled the renovation of the Warren streetscape and has brought in tens of millions of dollars of both public and private investment, with more to come! NO SELLER FINANCING - VA OR FHA MAY BE CONSIDERED @ NO COST TO SELLER

Listing Status:

Active

Listing Office:

RE/MAX Leading Edge : 7344048800

Listing Agent:

Ryan E Kain : 3132777777

MLS ID:

20240089080

Interior

• Basement: Unfinished
• Heating: Forced airNatural gas

Exterior

• Style: Ranch
• Other Structures: CoveredPorch
• Pool: None
• Parking: Oneand half car garageDetached

Construction

• Roofing: Asphalt
• General: Aluminum sidingOneBasementBlock

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Detroit
• County: Wayne

Lot

• Zoning: E NEFF 29 ASSESSORS DETROIT PLAT NO 1 L72 P7 PLATSW C R 21/1024 38 X 172.95A NEZ HMSTD CERT# NH2008-0448 RELATED PARCEL 27080448.W21I076201S003

Utilities

• Utilities: Above ground utilitiesCable availableUnderground utilities
• Water: PublicWaterat street
• Sewer: Public sewerSewer at street

Financial

• Source: Realcomp II Ltd

This listing courtesy of Ryan E Kain, RE/MAX Leading Edge