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2935 Lakewood St, Detroit, MI, 48215

6beds
2baths
2,826sqft
$70,000
$25price/sqft
$841/moest. monthly cost
$33,640/yrincome needed

About This Home

INVESTOR SPECIAL with significant upside! 2935 Lakewood Street is being sold with two adjacent lots [2927 and 2919], creating a rare three-parcel package in Detroit’s 48215 area. This is an ideal opportunity for a fix-and-flip, rental portfolio expansion, or redevelopment play. The existing home offers a solid footprint ready for renovation (ROOF 2020, MOST WINDOWS NEW), while the additional lots dramatically increase value potential—perfect for new construction, expansion, or future resale (buyer to verify zoning and use, currently zoned R2 [two family] / Room measurements may not be accurate). Located on a residential street with improving surrounding values and proximity to Jefferson-Chalmers, the riverfront, and major commuter routes. Priced with rehab in mind and sold AS-IS, this property is best suited for investors looking to capitalize on land + structure value in an area seeing continued reinvestment. All three parcels included in sale.

Getting Around

52
WalkingSomewhat Walkable
42
TransitSome Transit
68
BikeBikeable

Schools

4/10
Carstens Elementary-Middle SchoolGrades PK-81.4 mi
3/10
East English Village Preparatory AcademyGrades 9-122.1 mi

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Basement,Brick Mortar
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Second
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,826

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,826 sqft

Other

  • Level: Entry

Other

  • Level: Second

Primary Bedroom

  • Level: Second
  • Area: 100
  • Dimensions: 10 X 10

Property

Details

  • Parcel number: W21I054872S
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel
  • Pool features: None

Lot

  • Lot size: 6,098 sqft
  • Lot size dimensions: 40 x 150.61

Parking

  • Parking features: No Garage