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About This Home
This 3-bedroom, 1-bathroom single family at 18400 Faust Avenue in Detroit, MI is listed for $70,000 ($75 per sqft). Built in 1944, the home offers 934 sqft of living space on a N/A lot.
INVESTOR ALERT: Outstanding investment opportunity on Detroit's westside! Property sits on a desirable corner lot in a stable, well-occupied neighborhood. Ideal for investors seeking a buy-and-hold option or a simple flip project with ARV between $115-125K.
Seller is prepared for a quick close on this affordable entry into Detroit's fast-moving rental market! A tenant whose lease is ending currently occupies the property. Tenant is under an agreement to move upon close, but is open to a new lease with the buyer. The tenant has taken good care of the property. DO NOT APPROACH OR DISTURB TENANT. Showings scheduled for accepted offers only. Only CASH or DSCR Loan offers will be considered.
Key Features
- Built in 1944
- 2 stories
Property Details
Monthly Cost Estimate
$374/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
18400 Faust Avenue
Detroit, MI 48219
Emerson Manor
Property Details
Construction
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 18400 Faust Avenue is listed at $70,000 ($75/sqft). The estimated monthly payment is $303 based on 20% down at 6.5% interest.
Key features include: Built in 1944, 2 stories.
This property is listed by Courtney Randolph and can be reached at (248) 288-3500 or realtorshescwise@gmail.com.