12897 Riad Street Detroit, MI ^$ 39,999

12897 Riad Street

^$ 39,999

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12897 Riad Street

Detroit, MI, 48224

^$ 39,999

Bedrooms3 Baths1.0 Sq 831

Monthly Estimate*

^$ 266

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Single Family Home for sale in Detroit, MI

for $39,999 with 3 bedrooms and 1 full bath. This 831 square foot home was built in 1943 on a lot size of 0.12.

Welcome to your next investment opportunity in Detroit! This charming brick house, located in a vibrant neighborhood, offers prime potential for flipping. With its sturdy construction, spacious rooms, and abundant natural light, this property is a blank canvas awaiting your creative touch. Detroit's rising real estate market ensures strong resale potential, and its convenient location near amenities and transportation adds to its appeal. Don't miss out on this lucrative opportunity to capitalize on the city's revitalization. Schedule a viewing today and start your journey towards real estate success!

Single Family Active

Price

^$ 39,999

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,098

Style

Bungalow

Lot Size

0.12

Year Built

1943

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70406454

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1943

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Municipality Detroit

New Construction Y/N No

Subdivision MI

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Go east on Moross then take a right on Riad and it will be the second house on the right.

City Detroit

School District Detroit City School District

Street Name Riad

Financial Terms Cash Conventional

Legal Description W RIAD 1099 PARK DRIVE SUB NO 4 L54 P11 PLATS W C R 21/886 42 X 122

DOM 20

Postal Code 48224

Price Per Sq Ft Total 48.13

Coming Soon Welcome to your next investment opportunity in Detroit! This charming brick house located in a vibrant neighborhood offers prime potential for flipping. With its sturdy construction spacious rooms

Interior

Basement MI Basement

Beds 3

Total Rooms 3

Exterior

Exterior Aluminum

Frontage 42

Lot Size Area 0.12

Pool (Y/N) No

Lot Dimensions 42.00 x 122.00

Waterfront Y/N No

* Excluded Features

List By

Sage Farnworth

Listing Agent

Empire Realty Group

Broker

sagecbrealty1@gmail.com

Affordability Calculator

$357

Per Month

Monthly Principal & Interest: $266
Monthly Property Taxes: $92
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$115,940

Percent of Sale Price 190%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2024	$39,999		Listed Price

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12897 Riad Street, Detroit, MI, 48224 is a Single Family Home for sale at $39,999 with 831 sqft and a lot size of 0.12. 12897 Riad Street has 3 bedrooms, 1.0 baths, and was built in 1943. The property's zip code is 48224 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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12897 Riad Street

Single Family Home for sale in Detroit, MI

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