Detroit, MI 48208,5780 LORAINE Street
$45,000
$89,000
49.4%
Est.Price: ?

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4 BD
1.5 BA
1,474 SqFt

5780 LORAINE Street Detroit, MI 48208

Est. payment /mo
SOLD DATE : 10/16/2024

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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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Realcomp MLS
Listed by Scott Fader of Joseph Walter Realty, LLC
Bought with Joseph Walter Realty, LLC

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Carrie Thompson

Digital Marketing Realtor | License ID: 6501338662

+1(810) 893-3269

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