$99,000 for Sale
4874 haverhill, detroit, MI 48224
Beds 6 | Baths 2 | 2,400 Sqft | 0.11 Acres |
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Property Description
In the emerging Morningside neighborhood, adjacent to Grosse Pointe and East English Village, this historic gem offers a rare opportunity to restore and personalize a classic property while unlocking significant rental income potential. Much of the heavy lifting has already been done: The home boasts updated electrical and plumbing systems, with most of the necessary renovation supplies already on-site, allowing you to pick up right where the current work left off. Recent upgrades include a brand-new roof, gutters, lots of structural work and two new HVAC systems, ensuring the home’s durability and comfort for years to come. Designed to maximize income potential, the property includes two spacious 2-bedroom, 1-bath units, plus a potential basement studio. The upper unit, currently configured as a “penthouse,†includes a functioning kitchen and bathroom and has plans in place to finish the attic as a loft spaceâ€â€perfect for expanding rental income opportunities or creating a private retreat for a live-in owner. The units are bright, airy, and well-proportioned, with large bay windows flooding the space with natural light. Featuring stunning original architectural elementsâ€â€including finely crafted Italian plaster columns, intricate ceiling medallions, a beautiful fireplace fresco, and soaring curved ceilingsâ€â€this home provides an exceptional canvas for someone with vision and an appreciation for timeless craftsmanship. Located near the iconic Alger Theater, local parks, dining, and shopping, this property offers the perfect blend of historical charm and modern-day convenience. With thoughtful renovations, this home can become a standout property in one of Detroit’s most desirable neighborhoodsâ€â€an ideal investment for both investors and homeowners looking to build equity through rental income.
General Information
Sale Price: $99,000
Price/SqFt: $41
Status: Active
MLS#: 60395897
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: east detroit development cos no 1 (plats)
Acres: 0.11
Lot Dimensions: 40 x 114
Bedrooms:6
Bathrooms:2 (2 full, 0 half)
House Size: 2,400 sq.ft.
Acreage: 0.11 est.
Year Built: 1929
Property Type: Single Family
Style: Tudor
Features & Room Sizes
Bedroom 1: 13x11
Bedroom 2 : 12x9
Bedroom 3: 9x12
Bedroom 4: 14x12
Family Room: 16x12
Greatroom:
Dinning Room: 14x12
Kitchen: 16x9
Livingroom: 19x12
Pole Buildings:
Paved Road: Paved Street
Garage: 2
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $538
Est. Winter Taxes: $64
HOA fees:

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Listing By: Jan Dijkers of Berkshire Hathaway HomeServices The Loft Warehouse, Phone: 313-658-6400