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$62,500

4002 Philadelphia Street – 48204

Detroit, Michigan 48204

Petoskey-Otsego Neighborhood

4 Beds

3 Baths

3723 Sq FT

$16.79 Price per Sq Ft

Highlights

TwoCarGarageDetached

About This Home

Major capex is already done. A brand new roof and gutters mean zero deferred maintenance up top, and the plumbing and electrical have both been upgraded. The expensive, behind-the-walls work is finished. From here, it's all upside. Windows need replacing, an easy and budget-friendly forced-appreciation play, while a massive unfinished bungalow attic sits primed to convert into an additional bedroom. Add a bed, add rent, add value on day one. The 2-car detached garage rounds it out as an extra income stream or premium tenant draw. Ideal BRRRR or buy-and-hold. Priced to move. Bring your cash and your vision. Serious investors only. Cash or PML preferred.

Listing Agent

John Larson

Keller Williams Realty-Great Lakes

Listed on : June 16, 2026

Activity

Days on Market:

2

Home Details

Home Type

  • Residential

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 1922

Lot Details

  • 0.09 Acre Lot
  • Lot Dimensions are 36X104

Parking

  • TwoCarGarage
  • Detached

Home Design

Interior Spaces

  • 3,723 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48204

Utilities

  • Electric, ForcedAir
  • Water Source: Public
  • Sewer: PublicSewer

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.

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About Petoskey-Otsego

Petoskey-Otsego Learn More About Petoskey-Otsego
Own It Realty

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