5232 Wayburn St

Detroit, MI 48224 View Map $47,000 Schedule a Tour
Beds3
Baths1
Sq.Ft.902
Year1937

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(313) 658-6400

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Status: Active
Property Type:Residential
MLS #:20230056287
Sq. Feet:902
On Site:139 Days
Lot Size:0.1 Acres
County:Wayne
INVESTMENT OPPORTUNITY IN MORNINGSIDE! Located on the first block off Alter Rd. minutes away from Grosse Pointe Park. This home is ready for it's next owner with construction experience. This property would work well for an investor looking for a value-add opportunity to flip OR rent out, or for an owner-occupant looking to make it their own. For investors interested in flipping: after repair value (ARV) of $120K+! Conveniently located within a few blocks of the new $8.2 million dollar East Warren streetscape makeover! Great location minutes away from I-94, hospital, restaurants & shopping.So much potential for a visionary to turn this diamond in the rough into a cash cow or your new primary residence! Schedule your private showing today!

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
7/27/2023$55,000$49,900-9.3%
10/28/2023$49,900$47,000-5.8%

Community Information

Address:5232 Wayburn St, Detroit, MI 48224
County:Wayne
City:Detroit
School System:Detroit
Zip Code:48224

Architecture

Bedrooms: 3
Bathrooms: 1
Year Built:1937
Stories:2
Style:Bungalow
Construction Materials: Brick, Vinyl
Architecture Level: 1 1/2 Story
Roof: Asphalt
Foundation: Basement
Foundation Materials: Block
Basement: Unfinished

Features / Amenities

Interior Features: Cable Available
Fireplace(s): Living Room
Entry Location: Ground Level w/Steps
Heating: Forced Air
Heating Fuel: Natural Gas
Total Rooms:6

Rooms

SizeLevelDescription
Bedroom - PrimarySecond
Bath - FullFirst/Entry
BedroomFirst/Entry
KitchenFirst/Entry
BedroomFirst/Entry
Living RoomFirst/Entry

Property Features

Lot Size: 0.1 Acres
Lot Dimensions:36.00 x 125.00
Road Frontage: Paved
Sewer: Public Sewer (Sewer-Sanitary)
Water: Public (Municipal)
Directions:North of E Warren and West of Alter Rd

Tax and Financial Info

Tax Amount Summer: $1,279
Tax Amount Winter: $161
Total Tax: $1,440
Financing: Cash, Contract, Conventional, FHA 203K, Warranty Deed
Deposit: $10,000
Possession: At Close

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5232 Wayburn St Detroit,  MI 48224
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5232 Wayburn St Detroit, MI 48224
 
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Listing Information Last Updated 11/28/2023
Listing provided courtesy of RE/MAX Leading Edge (313-277-7777).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Berkshire Hathaway HomeServices The Loft Warehouse are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.