18515 Salem St

Detroit, MI 48219
  • $84,500

    Price
  • 4

    Bed
  • 3

    Bath
  • 1,691

    SqFt
  • 0.23

    Acre

About the Listing 360140 - 426970

INVESTOR SPECIAL: Massive Brick Fix-and-Flip or High-Yield Rental Opportunity! High-Equity Value-Add Opportunity in 48219 | 4 Bed Brick Home. Attention flippers, builders, and portfolio builders! Outstanding value-add opportunity located on a quiet block in Detroit’s desirable 48219 area (just south of 7 Mile Rd). 18515 Salem St boasts 1,691 sq. ft. of classic brick construction with 4 spacious bedrooms, offering the ideal layout and footprint for a high-ROI transformation. The Value Drivers :Substantial Footprint (~1,691 Sq. Ft.): Significantly larger than the standard 1,000 sq. ft. brick bungalows in the area, allowing room to create a modern open-concept layout or add an extra bathroom/primary suite. 4 Large Bedrooms / 2.5 Baths Existing: Core structural division is already in place. Minor reconfigurations can maximize appraisal value. Solid Brick Bones: Solid brick exterior construction with character details, original hardwood flooring potential, and a natural brick fireplace. Full Unfinished Basement: Endless potential to add a recreation room, laundry space, or extra storage to boost total finished square footage. Deep Lot : Generous lot size (over 9,800 sq. ft.)

Listing Highlights

Status Active
Days on Site 49
Property Type Residential
MLS ® 20261062640
Year Built 1927
Total Square Footage 1,691
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full / 1 Half
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air,Natural Gas
  • Fireplaces: Living Room
  • Floor:
  • Above Ground Sq Ft: 1691
  • Below Ground Sq Ft: 868
  • Basement: Unfinished
  • Other: 2 Story,Ground Level,Forced Air,No Garage
  • Water: Water at Street

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 55X180
  • Roof: Composition
  • Others: Brick,Paved
  • Sewer: Sewer at Street

Financial Details

  • Tax Amount: $5,511
  • Taxes w/Assessments: N/A
  • Tax/Property ID: W22I124430S
  • Tax Year: N/A

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18515 Salem St Detroit, MI 48219

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Originating MLS: Realcomp II Ltd

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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