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About This Home
This 3-bedroom, 2-bathroom single family at 5540 Guilford Street in Detroit, MI is listed for $62,000 ($53 per sqft). Built in 1928, the home offers 1,169 sqft of living space on a 0.16 acres lot.
This all-brick property presents a strong opportunity for a savvy investor or handyman looking for their next rehab project. Featuring three bedrooms, one full bathroom, and one half bath, this home offers a functional layout ready for renovation. Built in 1928, the property retains classic character and includes a full basement and a spacious yard, providing additional flexibility for improvements and long-term use.
The home is being sold as-is and will require a full rehab due to smoke damage, making it ideal for investors seeking a project with clear value-add potential. Whether your strategy is to renovate and resell or hold as a rental, this property offers a solid foundation to execute your vision.
The large yard and brick construction add to its appeal, while the existing layout supports a straightforward renovation plan. Located in an established neighborhood, the property is surrounded by similar homes and ongoing investment activity, supporting long-term upside. This is a great opportunity for those experienced in renovation projects or looking to expand their portfolio with a property that can be transformed through TLC and thoughtful updates.
Key Features
- Built in 1928
- 0.16 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$332/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5540 Guilford Street
Detroit, MI 48224
Property Details
Flooring
Construction
Heating
Questions & Answers
This 3-bedroom, 2-bathroom single family at 5540 Guilford Street is listed at $62,000 ($53/sqft). The estimated monthly payment is $269 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.16 acre lot, Fireplace.
This property is listed by Charles Campbell and can be reached at 5616329673 or CCampbell@ListWithFreedom.com.








