MI > Detroit > Assessors Detroit Plat No 1
Detroit, MI 48224,5298 NEFF AVE
$49,900
Est. payment /mo
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2 Beds
1 Bath
720 SqFt
Active

5298 NEFF AVE Detroit, MI 48224

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Troy Kelley

Troy Kelley

+1(734) 846-7995

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 720 sqft

Price per Sqft $69

Subdivision Assessors Detroit Plat No 1

MLS Listing ID 20240089080

Style Ranch

Bedrooms 2

Full Baths 1

Year Built 1950

Property Sub-Type SingleFamilyResidence

Property Description

**OPPORTUNITY** This 2 bedroom, 1 bathroom Cornerstone Village home could be perfect for a first-time homebuyer who isn't afraid of generating a little sweat equity or it could also be perfect for an investor looking to start or expand their portfolio! With Section 8 rents for similar properties as high as $1,100/month, the ROI on this property would be sky-high! The property features hardwood flooring throughout almost all of the property, an updated kitchen, an bathroom that would need very minimal work to make it nice, forced air heating, wrought-iron windows w/ storm windows, a 3D architectural shingle roof, a 3 seasons room, an oversized 1.5 car garage, and so much more! Best of all, the property is located in the East Warren/Cadieux Strategic Neighborhood Fund area, which has enabled the renovation of the Warren streetscape and has brought in tens of millions of dollars of both public and private investment, with more to come! NO SELLER FINANCING - VA OR FHA MAY BE CONSIDERED @ NO COST TO SELLER

Location

State MI

County Wayne

Area Area05055Detconmorsgrathstn7Mack

Rooms

Basement Unfinished

Interior

Heating ForcedAir, NaturalGas

Exterior

Parking Features OneandHalfCarGarage, Detached

Garage Spaces 1.5

Garage Description 20x20

Pool None

Community Features Sidewalks

Utilities Available AboveGroundUtilities, CableAvailable, UndergroundUtilities

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, Block

Sewer PublicSewer, SewerAtStreet

Water Public, WateratStreet

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Ryan E Kain of RE/MAX Leading Edge

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Troy Kelley

Troy Kelley

Agent | License ID: 6501412254

+1(734) 846-7995

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5298 NEFF AVE