$99,000 for Sale
4874 haverhill street, detroit, MI 48224
| Beds 6 | Baths 2 | 2,400 Sqft | 0.11 Acres |
|
1 of 44 |
Property Description
In the emerging Morningside neighborhood, adjacent to Grosse Pointe and East English Village, this historic gem offers a rare opportunity to restore and personalize a classic property while unlocking significant rental income potential. Much of the heavy lifting has already been done: The home boasts updated electrical and plumbing systems, with most of the necessary renovation supplies already on-site, allowing you to pick up right where the current work left off. Recent upgrades include a brand-new roof, gutters, lots of structural work and two new HVAC systems, ensuring the home’s durability and comfort for years to come. Designed to maximize income potential, the property includes two spacious 2-bedroom, 1-bath units, plus a potential basement studio. The upper unit, currently configured as a “penthouse,” includes a functioning kitchen and bathroom and has plans in place to finish the attic as a loft space—perfect for expanding rental income opportunities or creating a private retreat for a live-in owner. The units are bright, airy, and well-proportioned, with large bay windows flooding the space with natural light. Featuring stunning original architectural elements—including finely crafted Italian plaster columns, intricate ceiling medallions, a beautiful fireplace fresco, and soaring curved ceilings—this home provides an exceptional canvas for someone with vision and an appreciation for timeless craftsmanship. Located near the iconic Alger Theater, local parks, dining, and shopping, this property offers the perfect blend of historical charm and modern-day convenience. With thoughtful renovations, this home can become a standout property in one of Detroit’s most desirable neighborhoods—an ideal investment for both investors and homeowners looking to build equity through rental income.
General Information
Sale Price: $99,000
Price/SqFt: $41
Status: Active
MLS#: 20250032673
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: east detroit development cos no 1 (plats)
Acres: 0.11
Lot Dimensions: 40 x 114
Bedrooms:6
Bathrooms:2 (2 full, 0 half)
House Size: 2,400 sq.ft.
Acreage: 0.11 est.
Year Built: 1929
Property Type: Single Family
Style: Tudor,Upper/Lower Apartment
Features & Room Sizes
Bedroom: 12.00 x 9.00
Bedroom: 9.00 x 12.00
Bedroom: 14.00 x 12.00
Bedroom: 12.00 x 9.00
Bedroom: 13.00 x 11.00
Bedroom - Primary: 13.00 x 11.00
Bath - Full: 9.00 x 7.00
Bath - Full: 9.00 x 4.00
Dining Room: 14.00 x 12.00
Family Room: 16.00 x 12.00
Kitchen: 16.00 x 9.00
Laundry Area/Room: x
Living Room: 19.00 x 12.00
Paved Road: Paved,Pub. Sidewalk
Garage: 2 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $538
Est. Winter Taxes: $64
Legal Description: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2024. E HAVERHILL 627 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, W C R 21/427 40 X 114
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Jan Dijkers of Berkshire Hathaway HomeServices The Loft Warehouse, Phone: (313) 658-6400
