Description
NEW ROOF WITH A NEW HOT WATER TANK AND FURNACE GOING IN AT CLOSING. Unlock the potential in this solid Detroit property located right on the edge of Ferndale and Royal Oak, offering rare proximity to three major lifestyle corridors - Downtown Detroit, Downtown Ferndale, and Downtown Royal Oak. Whether you're an investor seeking your next rehab project or an owner-occupant planning to use an FHA 203k renovation loan, this home delivers outstanding upside in a high-demand location. Just two blocks from the Meijer-anchored retail complex, you'll have immediate access to groceries, shopping, restaurants, and daily conveniences - an amenity package that's hard to beat at this price point. The property needs renovation, but the fundamentals are here with virtual before and after pictures to demonstrate what's possible. With strong surrounding values and high rental demand, this is a location that continues to benefit from ongoing reinvestment along the Eight Mile corridor. Perfect for a full redesign, long-term hold, or a customized owner-occupied renovation. After repair values for this area average about $250,000, excellent upside. Seller will consider all offers.
Location
Source MLS MiRealSource. Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates, and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning, or any information storage and retrieval system, without written
permission from MiRealSource, Inc. Updated: 23rd April, 2026 11:46 PM (UTC)
Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates, and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning, or any information storage and retrieval system, without written
permission from MiRealSource, Inc. Updated: 23rd April, 2026 11:46 PM (UTC)
