$35,000 Sold
401 w greendale, highland park, MI 48203
Property Description
Calling all investors! This property has the potential to generate positive cash flow and provide a solid return on investment over time. While it requires essential items and repairs such as a new furnace, a hot water tank, and knobs on the shower, these are improvements that can significantly increase the property's value. With these repairs completed, the home will be in better condition and more appealing to potential tenants or buyers, enabling a higher rental income or a profitable resale in the future. The location of the home is beneficial as well as Highland Park is a vibrant and up-and-coming area known for its rich history and close proximity to downtown Detroit. The city has been experiencing revitalization efforts, attracting new businesses and residents. Investing in this area allows for potential long-term growth and value appreciation as the community continues to develop. With the proper renovations and effective management, this property can offer a solid return on investment, making it an appealing prospect for investors looking to capitalize on the growth and development of the Highland Park area! BTVAI
General Information
Sold Price: $35,000
Price/SqFt: $23
Status: Sold
Date Sold: 10/24/2023
MLS#: 20230057575
City: detroit
Post Office: highland park
Schools: detroit
County: Wayne
Subdivision: grix home park sub of ely pt of lots 3 & 4
Acres: 0.12
Lot Dimensions: 50.00 x 100.00
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,493 sq.ft.
Acreage: 0.12 est.
Year Built: 1922
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Construction: Brick,Vinyl
Exterior: Brick, Vinyl
Garage: No Garage
Construction: Brick,Vinyl
Exterior: Brick, Vinyl
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $630
Est. Winter Taxes: $98
Est. Summer Taxes: $630
Est. Winter Taxes: $98
HOA fees: 0
Legal Description: S W GREENDALE 129 GRIX HOME PARK L29 P53 PLATS, W C R 1/172 50 X 100
Legal Description: S W GREENDALE 129 GRIX HOME PARK L29 P53 PLATS, W C R 1/172 50 X 100

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Jeff Glover of KW Professionals, Phone: (734) 459-4700






