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5298 Neff

Detroit, MI 48224
  • $57,500
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 20240089080
UPDATED: 74 min ago
$57,500
  • 2
    BEDS
  • 0.15
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 720
    SQFT
  • $80
    $/SQFT
Type:
Single-Family Home
Built:
1950
County:

School Ratings & Info

School District:

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

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. 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. Data last updated: 2025-03-19T17:53:21.383.
www.kelder.com/homes/158856283
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5298 Neff Detroit, MI 48224

  • Price: $57,500
  • Status: Active
  • On Site: 91 Days
  • Updated: 74 min ago
  • MLS #: 20240089080
2
Beds
1
Baths
0
½ Baths
0.15
Acres
720
SQFT
$80
$/SQFT
1950
Built
Neighborhood:
Assessors Detroit Plat No 1
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
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
Exterior Features

Exterior Construction Aluminum Exterior Features Porch Foundation Type Basement Frontage 38 Garage Type Detached Garage Lot Size 38.00 x 173.00 Roads Paved Street Structure Style 1 Story Styles Ranch Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Below Grade Sq Ft 720 Fireplace YN No Fuel Type Natural Gas Heating System Forced Air Interior Features Cable/Internet Avail. Total Rooms 5 Water Heater Gas

Property Features

Assessments Amount 0 Association Fee YN No Financial Terms CashConventional For Sale Or Rent For Sale Lease YN No Manufactured YN No Municipality Detroit Municipality Type City Ownership Private Principal Res Exempt YN No SEV 23200 Sewer Septic Public SanitaryPublic At Street Subject To Short Sale Approval No Summer Tax Amount 1168 Total Tax Amount 1311 Water Public WaterPublic Water at Street Winter Tax Amount 143

Listing courtesy of RE/MAX Leading Edge : 734-404-8800.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. 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.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. 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. Data last updated: 2025-03-19T17:53:21.383.
 
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The Kelder Group LLC
9284 Lapeer Rd.
Davison MI, 48423