$50,000 for Sale
18659 goulburn street, detroit, MI 48205
| Beds 4 | Baths 2 | 1,440 Sqft | 0.10 Acres |
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Property Description
Fantastic investment opportunity awaits in Detroit’s Gratiot Meadows neighborhood! This solid brick colonial is a former Detroit Land Bank home that offers a massive head start, featuring approximately $80,000 in documented improvements already completed. The heavy lifting has been done for you, including a newer roof, a rebuilt front porch, some upgraded electrical, and some updated plumbing with new PEX water lines and a new hot water tank. Additionally, the property benefits from new basement windows, extensive interior wall repairs, professional drain work, complete demolition, a thorough yard cleanup, and the installation of all kitchen, bathroom, and heating elements required for Land Bank compliance. A Ring security system is also included for your peace of mind. Inside, you will find a spacious layout offering four bedrooms, two bathrooms, a formal dining room, and a full unfinished basement. While currently configured as a single-family home, this versatile property was previously used as a two-family duplex and can easily be re-converted back to a multi-family layout, matching the current seller's original plans. Bring your design vision to life, select your own custom finishes, and easily complete this renovation project. CASH ONLY.
General Information
Sale Price: $50,000
Price/SqFt: $35
Status: Active
MLS#: rcomi20261054303
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: gratiot meadows
Acres: 0.1
Lot Dimensions: 35X120
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 1,440 sq.ft.
Acreage: 0.1 est.
Year Built: 1927
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary),Sewer at Street
Watersource: Public (Municipal),Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $525
Est. Winter Taxes: $606
Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2028. W GOULBURN 116 GRATIOT MEADOWS SUB L46 P57 PLATS, W C R 21/687 35 X 120

IDX provided courtesy of Realcomp II Ltd. via Prestige Real Estate Group and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders
Listing By: Brittany L Valensky of Quest Realty LLC, Phone: (248) 662-5550