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2223 Gray Street, Detroit, MI 48215

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For Sale

$49,000

6 beds • 2 baths • 1,924 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $25.47
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

ARE YOU LOOKING FOR A GREAT INVESTMENT OPPORTUNITY IN THE FOX CREEK NEIGHBORHOOD? This is it! Located a few blocks off Mack Avenue, minutes away from Grosse Pointe. This duplex with 2 units with 3 beds/1 bath is ready for its next owner with construction experience. This property would be for an investor looking for a value-add opportunity to flip or rent out, or for an owner-occupant looking to make it their own. For investors interested in flipping: after repair value (ARV) of $200K+! So much potential for a visionary to turn this diamond in the rough into a cash cow or your new primary residence. PRIME LOCATION seconds away from Grosse Pointe on a few blockss off Mack Ave & FCA Mack and Jefferson north assembly plant, w/ tons of restaurants, shopping, hospital nearby + easy access to Belle Isle/Detroit River & close to I-94. Great for a quick commute anywhere. This property is being sold AS-IS. Schedule your private showing today! No Seller Financing
MLS# 20251036038

Courtesy Of REMAX LEADING EDGE
25050 Ford Rd, Dearborn Heights, MI 48127
(313) 277-7777

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Cable Ready
  • Architecture Style
    Colonial
  • Heating System
    Forced Air
  • Lot Size
    0.1 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 2223 Gray Street, Detroit, MI 48215

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.