15411 Ferguson StreetDetroit, MI 48227

About

This Home

Located in Detroit’s established B.E. Taylors Luana Subdivision, this is a compelling opportunity with a huge spread investors or sweat equity deal hunters seeking a value-add project in a neighborhood known for its classic brick colonials, strong rental demand, and active sales activity. The surrounding area features a consistent housing stock of larger two-story homes, many with basements and garages, creating a solid foundation for both renovation and long-term hold strategies. Ferguson continues to see investor interest due to its affordability, proximity to major roads, shopping, and employment corridors, while recent neighborhood sales demonstrate ongoing demand for updated properties. This brick colonial offers the kind of spread and upside experienced investors look for — a chance to create meaningful equity through improvements in an area where well-executed renovations continue to attract buyers and tenants alike. And speaking of tenants - unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don’t miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to an already existing purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed.

Details

Property Type

Residential

Style

Single Family Residence

Year Built

1928

Lot Size

0.11 acres

Garage Spaces

1

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Unfinished

Annual Taxes

$3,158

MLS #

20261080398

Gallery