Tuesday, October 7, 2014

Midwest Preservation Bargain, 506 Parkview, Detroit

Detroit may have some of the best bargain real estate in the country right now but it wont always be that way and certain parts of the city are in turnaround. If you happen to be in business where you work from home, you too can live in mansion for pennies.

So lets run the numbers on this. This property SOLD in 2006 for half a million. 5500 Square feet, Oh ad you will have the mayor and Kid Rock for neighbors. Beautiful custom moldings and trim, irreplaceable stained glass windows, enjoy the back deck right off the canal with views of a marina and the Detroit River. Each bedroom has plumbing for a bath. It once was a Bed and Breakfast.

Enjoy as an eye-catching magnificent single family home or invest in any type of commercial living center. The rooms are huge! Three fireplaces, a third level suite, a grand entry and of course you can see why it's called the White House

6 bedroom ,3 full , 2 half baths. Needs some restoration but it will only improve in value from the 179,000 asking price and it sits on 1/4 acre.

More info http://www.realtor.com/realestateandhomes-detail/506-Parkview-Dr_Detroit_MI_48214_M46262-38718?row=37&source=web#modal_PhotoGallery

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