$99,000
Accepting Backup Offers

4626 LAKEWOOD STREET

Detroit, MI 48215
3130 sqft | 5 beds | 2.5 baths | #20240020855
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to 4626 Lakewood, a beautiful and stately home with historic classic charm. This home has a spacious two-story layout with 5 bedrooms and 2.5 bathrooms. Sturdy brick construction with historical architectural elements and ample fenced lot is perfect for creating outdoor living spaces or additions.
Some Recent Improvements:
- Newly installed electrical box ensuring modern electrical compliance.
- Upgraded plumbing system with new radiator valves.
- Replacement of original boiler pipes with new piping.
- A completely new plumbing stack, enhancing long-term reliability.
- Fresh drywall throughout, primed for final finishes.
- A finished basement that adds valuable living space and functionality.
This beautiful neighborhood has strong investment growth and renovation momentum. Active rental market potential for future cash flow or resale opportunities. The combination of historical features with substantial structural updates makes this home a standout project, ready for its next chapter. Don’t miss out on this investment primed for completion and poised for profit.
*This home had already begun being renovated when a small fire occurred in the stairway.*

  • Interior Details
      • HeatingRadiant
    • Beds & Baths
      • Total Baths2.10
      • Bathrooms2.5
      • Bedrooms5
      • Full Baths2
      • Half Baths1
  • Property Details
      • Exterior FeaturesAwning/Overhang(s), Fenced
    • Measurements
      • Square Feet3130
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1926
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$129,900
  • Other
      • MLS #20240020855

Location

Jamila FelderReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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