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5540 Guilford St, Detroit, MI 48224

$62,000
: 3
BD
: 2
BA
: 1,169
SqFt

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List Price: $62,000
MLS#: 81026019543
Status: ACTIVE
Bedrooms: 3
Bathrooms: 2
Half-baths: 1
Total Square Footage: 1,169

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Property Description

This all-brick property presents a strong opportunity for a savvy investor or handyman looking for their next rehab project. Featuring three bedrooms, one full bathroom, and one half bath, this home offers a functional layout ready for renovation. Built in 1928, the property retains classic character and includes a full basement and a spacious yard, providing additional flexibility for improvements and long-term use. The home is being sold as-is and will require a full rehab due to smoke damage, making it ideal for investors seeking a project with clear value-add potential. Whether your strategy is to renovate and resell or hold as a rental, this property offers a solid foundation to execute your vision. The large yard and brick construction add to its appeal, while the existing layout supports a straightforward renovation plan. Located in an established neighborhood, the property is surrounded by similar homes and ongoing investment activity, supporting long-term upside. This is a great opportunity for those experienced in renovation projects or looking to expand their portfolio with a property that can be transformed through TLC and thoughtful updates.

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Additional Information

Site Description: Level
Year Built: 1928
Foundation: Other
Acres: 0.16
Lot Dimensions: 40x110
Style: Ranch
Acres: 0.16
School District: Detroit
Heating: Hot Water, None
Garage Description: Paved