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About This Home
This 3-bedroom, 1-bathroom single family at 5731 Philip Street in Detroit, MI is listed for $50,000 ($63 per sqft). Built in 1940, the home offers 799 sqft of living space on a 0.09 acres lot.
A fantastic opportunity for homeowners and investors looking to secure property in one of Detroit's steadily improving east-side neighborhoods! This charming property offers incredible potential with strong rental demand, excellent location advantages, and long-term upside for savvy buyers.
The neighborhood continues to see revitalization and investment, making it an attractive option for both owner-occupants and investors seeking cash flow and appreciation potential. Enjoy spacious living areas, solid bones, and the opportunity to add your personal touch or maximize rental income. Whether you're looking for a blank canvas for your next family home or your next renovation project, this property checks all the boxes.
Key Features
- Built in 1940
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$267/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5731 Philip Street
Detroit, MI 48224
The Partner Land Sub
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 5731 Philip Street is listed at $50,000 ($63/sqft). The estimated monthly payment is $217 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.09 acre lot, 2 stories.
This property is listed by Cyrus Wheeler and can be reached at (855) 450-0442 or Cyrus@matchrealty.com.
