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$85,000
Est. payment /mo
3 Beds
2 Baths
988 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 988 sqft
Price per Sqft $86
MLS Listing ID 20261041208
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1953
Annual Tax Amount $1,441
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40X100
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
SELLER WILL CONSIDER ALL OFFERS! What if you could buy a remodeled Detroit home, add the adjacent lot for a few hundred dollars, and own one of the best opportunities on the block, all for just $85,000? Whether you're searching for your first home, your next rental property, or a smart long-term investment, 8539 De Soto offers the rare combination of affordability, updates, and future upside that today's buyers are struggling to find. Situated in Detroit's emerging Chalfonte neighborhood, this 3-bedroom, 1.5-bath home features natural hardwood flooring, an open-concept layout, butcher block countertops, luxurious porcelain tile, fresh paint, updated plumbing, and updated electrical. The finished basement provides valuable bonus living space, perfect for a home office, recreation room, fitness area, or additional entertaining space. The detached one-car garage also adds convenience. But what truly sets this property apart is what surrounds it. Just a few doors down, you'll find rows of newer homes built in 2006, helping strengthen the appeal of the block and highlighting the area's continued evolution. Even more exciting, the possibility of expanding your yard, creating additional outdoor space, or securing extra land for future value by acquiring the fenced in adjacent lot from the city. Some homes are simply places to live. Others are opportunities to get ahead. 8539 De Soto is both. Investors purchasing without representation are encouraged to contact the listing agent for recent neighborhood rental comparables to help verify market rents and investment potential, as this home will likely rent for $1300-$1400. Schedule your showing today before someone else recognizes the opportunity.
Location
State MI
County Wayne
Direction South of Fenkell and East of Wyoming
Rooms
Basement Partial
Interior
Interior Features Basement Partially Finished
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 1
Structure Type Other
Schools
School District Detroit
Others
Tax ID W16I006372S
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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Listed by REMAX City Centre
Nearby Locations
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