18646 Ilene Street new

Detroit,MI 48221

$ 115000

4 Beds

1 Bath

1543 SqFt


Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 1,543 sqft

Price per Sqft $74

Subdivision Palmyra Woods

MLS Listing ID 20251043385

Style Bungalow

Bedrooms 4

Full Baths 1

Year Built 1939

Annual Tax Amount $3,053

Lot Size 3,920 Sqft

Property Sub-Type Bungalow

Property Description

INVESTOR SPECIAL - Situated right along the border of Detroit's highly desirable Bagley neighborhood, this classic brick beauty offers the perfect blend of character, strength, and potential. Featuring a solid structure, newer roof, newer windows, dry basement and good-standing electrical and plumbing systems, this home has all the right fundamentals with mostly cosmetic updates needed. This project best fits a savvy buy-hold or BRRRR investor looking for a strong equity position, cashflow, and long-term appreciation, OR a flipper looking for an immediate profit by bringing it to full shine and reselling among the strong neighborhood comps (check out the ARV comps for yourself/ask your agent to send them to you). The gorgeous brickwork and timeless Detroit architecture make this one a true gem waiting to be restored to glory. With a little TLC, 18646 Ilene can become a standout addition to any investment portfolio. Showings are welcomed. Cash/Hard Money only.

Location

State MI

County Wayne

Area Det 6-8 Grfld-Dequindre

Interior

Heating Forced Air

Exterior

Garage Description No Garage

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

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