Detroit, MI 48224,12823 RIAD Street

$50,000

$64,900

23.0%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

974 SqFt


SOLD DATE : 03/21/2025

Key Details

Sold Price $50,000

Property Type Single Family Home

Sub Type Bungalow

Listing Status Sold

Purchase Type For Sale

Square Footage 974 sqft

Price per Sqft $51

Subdivision Holtzman Joseph (Also Pg 76)

MLS Listing ID 20240082675

Sold Date 03/21/25

Style Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N no

Year Built 1944

Annual Tax Amount $1,218

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 42.00 x 122.00

Property Sub-Type Bungalow

Source Realcomp II Ltd

Property Description

**OPPORTUNITY** This 3 bedroom, 1 bathroom brick bungalow is located in the Denby neighborhood, near the border of Harper Woods, and could make an excellent rental property with Section 8 rents as high as $1,300/month OR could be your next fix-n-flip project with ARVs in the 110-125K range! The property features hardwood flooring throughout most of the 1st floor, forced air heating, vinyl windows, PEX plumbing, an updated 100 amp electrical panel with mostly romex wiring, and a 3-tab shingle roof! The property does require some cosmetic updates, but the kitchen and bathroom could be repurposed relatively cheaply and easily if you go the rental route! Perfect for a BRRRR strategy! CASH OR HARD MOENY ONLY, NO SELLER FINANCING.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Direction From Moross turn South on Riad

Rooms

Basement Unfinished

Interior

Interior Features 100 Amp Service, Cable Available, Circuit Breakers, Furnished - No

Hot Water Natural Gas

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Description No Garage

Roof Type Asphalt

Porch Porch

Road Frontage Paved, Pub. Sidewalk

Garage no

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I057661S003

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash, Warranty Deed

Rebuilt Year 2020

Listing Terms Cash, Warranty Deed

Financing Cash,Warranty Deed

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Realcomp MLS
Listed by Ryan E Kain of RE/MAX Leading Edge
Bought with Real Broker LLC Troy
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