2748 WEBB Street, Detroit 48206-3103
Listing Price: $128,500
Local Information
|
|
County |
Wayne |
|
City/Township |
Detroit |
|
Mailing City |
Detroit |
|
School District |
Detroit |
|
Location |
E Linwood/S of Elmhurst |
|
Directions |
E Linwood/S of Elmhurst |
|
Garage Size |
2 Car |
|
Garage Dimensions |
66.00 x 123.00 |
|
Garage Features |
Detached |
|
Acreage |
0.19 |
|
Lot Dimension |
66.00 x 123.00 |
|
Road Front Feet |
66 |
Square Footage
|
|
Sqft Source |
Public Records |
|
Estimate Finished Above Ground |
3,528 |
|
Price/SqFt |
$36.42 |
|
Bedrooms |
5 |
|
Bathrooms |
2.0 |
|
Rooms |
11 |
|
Architecture Style |
Colonial |
|
Architecture Level |
2 Story |
General Information
|
|
Year Built |
1923 |
Listing Information
|
|
Listing Activation Date |
10/15/2024 |
|
Terms Offered |
Cash |
|
Possession |
Negotiable |
Features
|
|
Foundation |
Basement |
|
Foundation Features |
Lighting |
|
Basement |
Unfinished |
|
Exterior Features |
Lighting |
|
Exterior |
Brick |
|
Porch Type |
Porch |
|
Roof Material |
Asphalt |
|
Heat & Fuel |
Natural Gas, Forced Air, Hot Water |
|
Water Heater Fuel |
Natural Gas |
|
Water Source |
REALCOMP |
|
Entry Location |
Ground Level w/Steps |
|
Foundation Material |
Poured |
|
Road |
Paved |
|
Sewer |
Public Sewer (Sewer-Sanitary) |
Legal/Tax/Financial
|
|
Ownership |
Standard (Private) |
|
Tax Summer |
$1,415 |
|
Tax Winter |
$148 |
|
Taxable Value |
$15,720 |
|
Occupant |
Owner |
|
Homestead |
Yes |
|
Existing Lease |
No |
|
Home Warranty |
No |
|
Subdivision |
WEBB AVENUE SUB (PLATS) |
Public Remarks
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|
Great Investment Opportunity – Subject to Existing Mortgage! This spacious 5-bed, 2-bath single-family home with a garage presents incredible potential for the right buyer. While the windows, furnace, and hot water system are dated, and the home still has knob and tube wiring that requires updates, there are no structural concerns. The roof is only 5 years old, adding value. The property is available subject to an existing mortgage with a balance of $98K, and has an After Repair Value (ARV) of $200K. Though the house needs mainly cosmetic and electrical updates, its size and layout offer flexibility. Currently a single-family home, it has two kitchens and could potentially be converted into a multi-family residence. Located in Detroit's Dexter-Linwood neighborhood, this area is known for its historic homes and is close to landmarks like the Boston-Edison Historic District, New Center, the Detroit Golf Club, and major roads such as the John C. Lodge Freeway and Livernois Avenue, providing easy access to downtown Detroit. Don’t miss out on this fantastic investment opportunity! Price already includes existing mortgage balance. FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price. |
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