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Realcomp IDX

​All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

$40,000
For Sale

14014 Washburn Street

Detroit, MI 48238
876 sqft | 2 beds | 1 bath | 0.09 acres | #20261006278
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14014 Washburn Street
35 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This 2-bed, 1-bath ranch sits on a corner lot with high ceilings, amazing natural light, a full basement, and a large attic, offering the kind of structure investors look for when building long-term cash flow. The seller has already absorbed the major capital expenses that typically stall deals or blow up budgets: a new roof, premium windows from Los Angeles, all new plumbing, and a full interior gut and rebuild. Drywall and paint are complete, the bathroom is prepped for final finishes, and the kitchen is partially installed with custom cabinetry and ready for cosmetic completion. The front of the home has been updated with new stucco, and a new paver walkway is already in place. The remaining work is straightforward and strategic: final cosmetics, some electrical and addressing the foundation, which will likely require attention but does not negate the solid structure already in place. This is not a scenario where hidden systems or deferred maintenance will erode returns. The heavy lifting is already done, allowing an investor to control costs and timelines. Directly across the street on Washburn, three lots are owned by the Detroit Land Bank Authority, presenting future potential to expand your footprint or benefit from surrounding redevelopment. The area is actively improving, with a strong investor presence and continued momentum. Projected rental income supports an estimated ARV of approximately $1,100–$1,200 per month, positioning this property as a true buy-and-hold opportunity. This is not a flip play. It’s a cash-flow-focused asset designed for investors who build wealth through steady income in appreciating Detroit neighborhoods. The home is being sold as-is.

  • Property Details
      • ForeclosureShort Sale No, Standard
      • Property SubtypeSingleFamilyResidence
      • BasementFull, Unfinished
      • Basement DescriptionFull, Unfinished
      • Basement FinishedFull, Unfinished
      • FoundationBasement, Block
      • Sewer InformationSewer At Street
      • SubdivisionWYOMING HEIGHTS
      • Utility SourceWaterat Street
      • MLS #20261006278
      • Parcel NumberW16I039088S
      • MLS #20261006278
      • Lot FeaturesCornerLot
      • Lot DescriptionCornerLot
      • Parking FeaturesNoGarage
      • Property TypePurchase
      • School DistrictDetroit
      • Original List Price$40,000
      • Cost40000.0
      • Parking TypeGarage
      • Taxes Annual$1,147
      • Square Feet876.0
      • CountyWayne
      • Acres0.09
      • Year Built1924
      • Bathrooms1.0
      • Parking Spaces0.0
      • Bedrooms2
      • Full Baths1
      • Stories1
      • Days on Market (Cumulative)1

Location

Legal

​All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: Yesterday at 10:45 PM. Source: REALCOMP

Provided By
Listing Agent: Gentraia Brown (#421870), Email: gentraiabrown@gmail.com
Listing Office: REMAX City Centre (#377454)

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