5540, Guilford, Detroit, MI, 48224
Basics
- Date added: Added 2 days ago
- Category: Residential
- Type: Single Family Residence
- Status: Active
- Bedrooms: 3
- Bathrooms: 2
- Area: 1169 sq ft
- Lot size: 0.16 sq ft
- Year built: 1928
- Bathrooms Full: 1
- Lot Size Acres: 0.16 acres
- Rooms Total: 6
- County: Wayne
- Bathrooms Half: 1
- MLS ID: 26019543
Description
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Description:
This all-brick property presents a strong opportunity for a savvy investor or handyman looking for their next rehab project. Featuring three bedrooms, one full bathroom, and one half bath, this home offers a functional layout ready for renovation. Built in 1928, the property retains classic character and includes a full basement and a spacious yard, providing additional flexibility for improvements and long-term use.
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The home is being sold as-is and will require a full rehab due to smoke damage, making it ideal for investors seeking a project with clear value-add potential. Whether your strategy is to renovate and resell or hold as a rental, this property offers a solid foundation to execute your vision. The large yard and brick construction add to its appeal, while the existing layout supports a straightforward renovation plan.
Located in an established neighborhood, the property is surrounded by similar homes and ongoing investment activity, supporting long-term upside. This is a great opportunity for those experienced in renovation projects or looking to expand their portfolio with a property that can be transformed through TLC and thoughtful updates.
Location
- Directions: 1. Exit I-94 at exit 223 for M-102 / 8 Mile Road. 2. Head East on 8 Mile Road for approximately 1.5 miles. 3. Turn South (Right) onto Kelly Road. 4. Continue on Kelly Road for roughly 1.3 miles. 5. Turn South (Left) onto Whittier Avenue. 6. Turn East (Left) onto E. Warren Avenue. 7. Turn North (Left) onto Guilford Street. 8. The destination, 5540 Guilford Street, will be on your Left (West side of
Building Details
- Building Area Total: 1169 sq ft
- Construction Materials: Brick
- Architectural Style: Ranch
- Sewer: Public
- Heating: Hot Water
- Stories: 1
- Roof: Other
- Basement: Other
Amenities & Features
- Laundry Features: Main Level
- Flooring: Tile, Vinyl, Wood
- WaterSource: Public
- Lot Features: Level
- Fireplaces Total: 1
Fees & Taxes
- Tax Assessed Value: $15,595
- Association Fee: 0
- Tax Year: 2025
- Tax Annual Amount: $1,236.79
School Information
- High School District: Detroit
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Southhampton St
- Listing Terms: Cash