5525 Maryland Street
Detroit, MI 48224
- 3 beds
- 1 bath
- 1,090 sqft
- 3,920 sqft lot
- $11 per sqft
- 1925 build
- – on site
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INVESTOR SPECIAL! Detroit Morningside 3 br / 1 ba bungalow. Needs complete rehab being sold “as-is”. Electrical is working but limited light fixtures - bring flashlight. $50K-$70K ARV. $750 - $900 monthly rental income ($9000 - $10,800 yearly). Property is gutted to the studs. New roof ('19), new and complete electrical to code ('19) and new and complete HVAC ductwork installed to code ('19), Goodman furnace w/ plenum (stored offsite & included at close). Partial gutters installed. Foundation work needed. South wall is sealed and completed, north wall needs sealing and securing to front wall, west wall is nearly complete as a secondary support wall but needs sealing. Hardwood floors throughout but need repairs. Porch is unstable so lockbox at rear door. Home includes adjacent lot. Proof of funds required and EMD held at Abstract Title after successful buyer inspection. Buyer pays all city inspections if required. ShowingTime requests only and enter through the rear door only.
Listing courtesy of REALCOMP / Milagro Realty Group, LLC
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Last updated Apr 22, 2024
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MLS# 2210077133 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/6/22
May 6, 2022
|
Sold | REALCOMP | $13,000 | -39.5% |
4/6/22
Apr 6, 2022
|
Pending | REALCOMP | $21,500 | |
9/15/21
Sep 15, 2021
|
Listed / Active | REALCOMP | $21,500 |