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.
| MLS # | 60962868 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 294 |
| Listing Provided By | Brookstone, Realtors LLC | James Turner |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,826 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.14 |
| Rooms Total | 8 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Natural Gas, Forced Air |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Basement |
| Garage Yes / No | No |
|---|
| List Aor | Real Comp |
|---|
| Property | 4001 |
|---|
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48215 |
| Area | Detroit (82001) |
| Community Name | Garden Heights |
| Listing VS Median (in Garden Heights) | |
Price: $60,000 low | high Med: $79,900 sqft: 2,826 low | high Med: 2,728 $ / sqft: $21 low | high Med: $29 On site: 294 low | high Med: 30 | |
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48215 |
| Area | Detroit (82001) |
| Community Name | Garden Heights |
| Listing VS Median (in Garden Heights) | |
Price: $60,000 low | high Med: $79,900 sqft: 2,826 low | high Med: 2,728 $ / sqft: $21 low | high Med: $29 On site: 294 low | high Med: 30 | |