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Pat Lotz Real Estate Group

[email protected] +1(734) 474-8713

$ 115,000

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18646 Ilene Street Detroit, MI 48221

4 Beds

1 Bath

1,543 SqFt

UPDATED:

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

HOA Y/N no

Year Built 1939

Annual Tax Amount $3,053

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X108

Property Sub-Type Bungalow

Source Realcomp II Ltd

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

Direction W 7 MILE TO MEYERS S TO MARGARITA TURN E TO ILENE NORTH

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Description No Garage

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W16I040384S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by Joseph Hammel of Keller Williams Somerset

Pat Lotz Real Estate Group

Agent | License ID: 6501428832

+1(734) 474-8713

Pat Lotz Real Estate Group

18646 Ilene Street Detroit, MI 48221

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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18646 Ilene Street