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5780 LORAINE Street Detroit, MI 48208
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Key Details
Sold Price $45,000
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,474 sqft
Price per Sqft $30
Subdivision Bowen & Werners Sub (Plats)
MLS Listing ID 20240050864
Sold Date 10/16/24
Style Colonial
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1860
Annual Tax Amount $485
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30.00 x 105.00
Property Description
Attention real estate investors! This charming 2-story, 4-bedroom, 1.5-bath brick home in Detroit offers endless potential for transformation. Whether you're looking to convert it into a duplex for dual rental income or keep it as a spacious single-family residence with oversized bedrooms, this property has it all. The unfinished basement provides additional opportunities for customization. Situated in a desirable area, the home boasts a solid structure and a great layout, making it an ideal canvas for your creative vision. With proximity to Wayne State University, Henry Ford Hospital, and downtown Detroit, this investment opportunity is priced to sell and ready to become something truly special. Don't miss out on this incredible chance to turn this house into a remarkable home or a profitable income property!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Direction Start on McGraw Ave and W Grand River Ave. Head northwest on Loraine St toward McGraw Ave 302 ft, Turn left onto McGraw Ave
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Description No Garage
Waterfront no
Road Frontage Other
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Warranty No
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W10I008244S
Ownership Short Sale - No,Private Owned
Assessment Amount $240
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Joseph Walter Realty, LLC