Oh yeah, I will definitely be going down that hallway. NOT.
Here’s the entire listing description:
AWESOME HOME IN THE BEST PART OF DETROIT
I think the listing agent and I have very different definitions of “awesome home.”
I also get the feeling that “the best part of Detroit” is sort of like “the warmest part of Antarctica.”
Gotta love the effort put forth by the listing agent.
The home does at least have an interesting architecture, but overall, if this is “awesome” in “the best part of Detroit”… yikes.
Well, that is one of the better neighborhoods that are left. Real estate in Detroit isn’t worth the investment right now for investors or families. It’s not likely that you would make money on the re-sale of a property there right now. As it is, this place looks like a money pit.
….“the best part of Detroit” is sort of like “the warmest part of Antarctica.” LOL!!! Still, a virtual drive around the neighborhood shows most of the homes are not only in good shape but are nicely sized and have well kept lawns/gardens. For whatever reason this particular home has not fared as well as its brethren (which is putting it kindly). Even if it’s structurally sound and has at least some systems that still function normally (e.g., plumbing), it would take a butt-load of effort to make this place livable. As Frodo said, trying to flip a place in Detroit these days is a fool’s errand. But if one is in the market for a house to live in and is up for the challenge, the results might be worth it. I personally prefer the almost ubiquitous red brick homes around it, but 3000sqft for $120K is a damn good price. You could spend twice that turning it into what you want, just so long as you have no desire to sell anytime soon.
BTW, this agent has forgotten a cardinal rule (or what should be a cardinal rule)… NEVER show the basement in this type of place. I’ve seen Soviet gulags that look better.