15339 PROMENADE Street Detroit, MI ^$ 40,000

15339 PROMENADE Street

^$ 40,000

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15339 PROMENADE Street

Detroit, MI, 48224

^$ 40,000

Bedrooms3 Baths1.1 Sq 1,030

Monthly Estimate*

^$ 279

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Single Family Home for sale in Detroit, MI

for $40,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,030 square foot home was built in 1939 on a lot size of 0.09.

*INVESTORS** This 3 bedroom, 1 bathroom brick bungalow would make a great addition to your rental portfolio or even possibly a good fix-n-flip! With rents in the neighborhood as high as $1,200/month and ARVs in the $110-125K range, there are multiple strategies for how to have this property make you money! The property features forced-air heating, vinyl windows, a 3D architectural shingle roof, PEX plumbing, a 2nd floor primary bedroom, and an updated 100 amp circuit breaker panel! This property is located just outside of the East Warren/Cadieux Strategic Neighborhood Fund area, which has see multiple streetscapes revamped and improved, hundreds of homes rehabbed and brought back to productive use, and inflow of new homeowners, and millions in public and private investment with more to come!

Single Family Active

Price

^$ 40,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 1,053

Style

Bungalow

Lot Size

0.09

Year Built

1939

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60283649

Features

General

Interior Features Cable/Internet Avail.

Heating Forced Air

Kitchen Level Entry

Possession At Close

Exterior Features Porch

Water Public Water Public Water at Street

Status Active Active

Full Baths 1

Half Baths 1

Bathrooms 2

Year Built 1939

Subdivision PARK MANOR DEVELOPMENT COS PARK DRIVE SUB (PLATS) MI

Water Heater Gas

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Percent Ownership Private

Municipality Detroit

Structure Style 1 1/2 Story

Area Detroit (82001)

Primary City Detroit

Directions From Hayes turn East on Promenade

City Detroit

School District Detroit City School District

Street Name PROMENADE

Financial Terms Cash

Legal Description N PROMENADE 158 PARK MANOR DEVELOPMENT COS PARK DRIVE SUB L45 P42 PLATS W C R 21/670 35 X 111

DOM 100

Postal Code 48224

Price Per Sq Ft 38.83

Coming Soon *INVESTORS** This 3 bedroom 1 bathroom brick bungalow would make a great addition to your rental portfolio or even possibly a good fix-n-flip! With rents in the neighborhood as high as $1

Interior

Dining Room Level Entry

Basement Unfinished

Beds 3

Fireplace? No

Total Rooms 8

Exterior

Exterior Brick

Frontage 35

Lot Size Area 0.09

Pool (Y/N) No

Lot Dimensions 35.00 x 111.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Ryan Kain

Listing Agent

Re/Max Leading Edge

Broker

r.kainrealtor@gmail.com

Affordability Calculator

$367

Per Month

Monthly Principal & Interest: $279
Monthly Property Taxes: $88
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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 ^$112,571

Percent of Sale Price 181%

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
2/26/2024	$40,000	-10.91%	Price Down
2/19/2024	$44,900	-15.28%	Price Down
1/22/2024	$53,000		Listed Price

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15339 PROMENADE Street, Detroit, MI, 48224 is a Single Family Home for sale at $40,000 with 1,030 sqft and a lot size of 0.09. 15339 PROMENADE Street has 3 bedrooms, 1.1 baths, and was built in 1939. 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 7.49% 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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15339 PROMENADE Street

Single Family Home for sale in Detroit, MI

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