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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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12755 Washburn St , Detroit, MI 48238
$53,000
Est. Payment: $117.78/mo
3 Bed
1 Bath
1288 Sqft
Status: Pending | Days on site: 30
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House Description

Unlock incredible potential with this new minor rehab project at 12755 Washburn! Offering an expansive 1,288 square feet of well-laid living space, this property provides the ideal layout for value-add investors looking to maximize their returns in a strong, active pocket. Featuring great structural bones, character elements like a stone and brick exterior with a covered front porch, and a detached garage, this home is primed for a straightforward cosmetic refresh. Capitalize on favorable neighborhood ARVs (After Repair Values) and strong nearby comps to turn this asset into a high-performing rental or a profitable fix-and-flip. Why This Is a Smart Investment: Generous Square Footage: Boasting 1,288 sq. ft. of functional space, providing room to optimize the layout and boost future value. Favorable Neighborhood ARVs: Situated in a desirable corridor where recent neighborhood activity and comparable sales point to a strong upside after light-to-moderate updating. BATVAI

Highlights

Listed by Cameron Porter , 248-819-2185 eXp Realty, LLC , 888-501-7085.

Property Type

Residential

Lot/Acreage
1288

Year Built

1924

County

Wayne

School District

Detroit

Listing ID

26040339

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Basement:Michigan Basement
Other:
  • Additional:Master on Main
Water:Public

Exterior Features

Roof:Asphalt
Sewer:Public
Parking Features:Detached
Principal Interest
$118
Taxes
$203

Home Price

$53,000

Loan Details

30 yrs
%

Down Payment

20%
$10,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$117.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $117.78 $203.00 $0.00 $320.78
Yearly $1,413.33 $2,436.00 $0.00 $3,849.33
Total $42,400.00 $73,080.00 $0.00 $115,480.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.