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Jim Blehm

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

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2935 Lakewood St , Detroit, MI 48215
$60,000
Est. Payment: $133.33/mo
6 Bed
2 Bath
2826 Sqft
Status: Active | Days on site: 134
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406439 - 396841
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

INVESTOR SPECIAL with significant upside! 2935 Lakewood Street is being sold with two adjacent lots [2927 and 2919], creating a rare three-parcel package in Detroit’s 48215 area. This is an ideal opportunity for a fix-and-flip, rental portfolio expansion, or redevelopment play. The existing home offers a solid footprint ready for renovation (ROOF 2020, MOST WINDOWS NEW), while the additional lots dramatically increase value potential—perfect for new construction, expansion, or future resale (buyer to verify zoning and use, currently zoned R2 [two family] / Room measurements may not be accurate). Located on a residential street with improving surrounding values and proximity to Jefferson-Chalmers, the riverfront, and major commuter routes. Priced with rehab in mind and sold AS-IS, this property is best suited for investors looking to capitalize on land + structure value in an area seeing continued reinvestment. All three parcels included in sale.
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Highlights

Listed by James R Turner , 586-850-9058 Brookstone, Realtors LLC , 248-963-0505.

Property Type

Residential
Lot/Acreage
0.14

Year Built

1924

County

Wayne

 School District

Detroit

Listing ID

20261001903

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Water:Public

Exterior Features

Sewer:Public
Principal Interest
$133
Taxes
$333

Home Price

$60,000

Loan Details

30 yrs
%

Down Payment

20%
$12,000
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:
$133.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $133.33 $333.42 $0.00 $466.75
Yearly $1,600.00 $4,001.00 $0.00 $5,601.00
Total $48,000.00 $120,030.00 $0.00 $168,030.00

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.