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.
Listed By
Agency Name: Brookstone, Realtors LLC
Agency Phone: (248) 963-0505
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 176.21 per month $155.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $20.42 Homeowner's Insurance
2935 Lakewood Street | MLS# 20261001903
This single family home located at 2935 Lakewood Street, Detroit, MI 48215 is currently listed for sale with an asking price of $70,000. This property was built in 1924 and has 6 bedrooms and 2 full baths with 2826 sq. ft. Lakewood Street is located in the Garden Heights subdivision within the Detroit school district. Search Garden Heights real estate on www.griffithrealty.com today.