About 5042 Philip Street
Solid 3-bedroom, 1 and 1/2-bath brick home with plenty of potential. The property features a huge unfinished attic that could provide additional living space or potentially be converted into a fourth room, buyer to verify intended use and requirements. The roof will need to be replaced. Unlike many fire-damaged properties, portions of the home remain salvageable, offering an opportunity to restore and renovate rather than start from scratch. Sold as-is. Bring your vision and make this property your own. Room dimensions are estimates. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed
Features of 5042 Philip Street
| MLS® # | 20261069108 |
|---|---|
| Price | $29,900 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,614 |
| Acres | 0.14 |
| Year Built | 1936 |
| Type | Residential |
| Sub-Type | Bungalow |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 5042 Philip Street |
|---|---|
| Area | 05055 - Det Con-Mors/Grat. Hstn/7 Mack |
| Subdivision | JEFFERSON PARK LAND CO LTD 1 |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48224 |
Amenities
| Parking | No Garage |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Fireplace | Yes |
| Fireplaces | Living Room |
Exterior
| Exterior Features | Lighting |
|---|---|
| Construction | Brick |
| Foundation | Basement, Poured |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Wise Property Buyers |
|---|---|
| Contact Info | tj@wisepropertybuyers.com |
