About This Home

This 3-bedroom, 1-bathroom single family at 18961 Pierson Street in Detroit, MI is listed for $62,000 ($66 per sqft). Built in 1948, the home offers 935 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1948
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
1 full
1948
Listing Description

Attention investors and first-time home buyers! This 3-bedroom bungalow is ready for its new owner and is conveniently located in Holcomb Community, with easy access to7 Mile and Evergreen Rd. This property features a solid foundation and primarily needs cosmetic updates.

An excellent opportunity for investors looking to expand their portfolio. Once renovated, the property may have the potential to rent for approximately $1200 per month, which could offer a favorable return on investment. Buyers are encouraged to conduct their own due diligence regarding rental income and investment projections.

The house also features a spacious backyard and a 1-car garage. The property is under surveillance. Schedule your showing today! Buyer's agent to verify all information. All measurements are approximate. NO SELLER FINANCING. Seller is selling in AS-IS condition.

Monthly Cost Estimate

$332/mo

20% down · 6.5% · 30 years

Principal$45
Interest$269
Insurance$18

Estimates only. Actual payments may vary.

Location

18961 Pierson Street

Detroit, MI 48219

C W Harrahs Redford Sub

Property Details

Construction

Vinyl

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 18961 Pierson Street is listed at $62,000 ($66/sqft). The estimated monthly payment is $332 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.10 acre lot, 2 stories.

This property is listed by Andreina Mendoza-Herrera and can be reached at 3134372929.

AM

Andreina Mendoza-Herrera

Agent at RE/MAX Leading Edge

(313) 437-2929

Listed by RE/MAX Leading Edge · View on Broker Site

MLS# 20261059302· Source: listhub· 1 day on market

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18961 Pierson Street, Detroit, MI 48219

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