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$90,000

1525 Cherboneau Place – 48207

Detroit, Michigan 48207

Lafayette Park Neighborhood

1 Beds

1 Baths

1070 Sq FT

$84.11 Price per Sq Ft

Highlights

Assigned2SpacesParkingLotNoGarage

About This Home

Investor Special in the Heart of Downtown Detroit! Don't miss this incredible opportunity to own a condo in one of Detroit's most desirable locations. While the unit requires a full renovation, the potential is undeniable. Whether you're an investor looking to add to your portfolio, a buyer ready to customize your own downtown residence, or someone seeking a future rental property, this is your chance to create significant value. Originally designed as a 2-bedroom, the unit was converted into a spacious 1-bedroom but can easily be restored to its original 2-bedroom layout by enclosing the existing opening. The well-maintained grounds and prime downtown location provide the perfect foundation for your vision. Comparable renovated units demonstrate the strong upside potential this property offers. Bring your contractor, your creativity, and your vision. This diamond in the rough is ready for its transformation. All offers are welcome!

Listing Agent

Lea Smith

Dwellings Unlimited LLC

Listed on : July 8, 2026

Activity

Days on Market:

1

Home Details

Home Type

  • Residential

Est. Annual Taxes

  • $1,715

Year Built

  • Built in 1964

Lot Details

Parking

  • Assigned2Spaces
  • ParkingLot
  • NoGarage

Home Design

Interior Spaces

  • 1,070 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 1 Bedrooms
  • 1 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48207

Utilities

  • ForcedAir, NaturalGas
  • Water Source: Community, WateratStreet
  • Sewer: PublicSewer, SewerAtStreet

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

Map

About Lafayette Park

Lafayette Park Learn More About Lafayette Park
Own It Realty

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Hassan Scheib

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