tomo logo

$225,000

Beds
5
Baths
3.0
sq ft
5,500

1564 Cadillac Blvd, Detroit, MI 48214

1564 Cadillac Blvd

Detroit, MI 48214

  • 8 days on market
Investor’s Dream! Expansive 5,500 Sq. Ft. Home at 1564 Cadillac. This massive 5,500 sq. ft. property at 1564 Cadillac is a blank canvas down to the studs awaiting your vision! Currently down to the studs, this home offers 5 bedrooms, 3 full baths, and 2 half baths, with the potential to expand up to 13 bedrooms as it stands—perfect for a luxury single-family home, multi-unit conversion, or investment property. With endless possibilities for layout and design, this is your opportunity to create something truly special. Whether you're looking to customize a dream home or develop a high-income rental, this property has the space and flexibility to bring your vision to life. Don’t miss out on this rare opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$30,114

Lot size

7,405 sq ft

Price per sq ft

$41

Year built

1906

Annual property taxes

$1,276

Price History

02/14/2025
Realcomp

Realcomp #20250010122

Listed
$225,000
+221.43%
01/09/2025
Realcomp

Realcomp #20240089391

Sold
$70,000
-41.67%
01/09/2025
Realcomp

Realcomp #20240089391

Pending
$120,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Groundfloor Holdings Ga Llc

Loan start date

January 2020

Original loan amount

$219,470

Est. remaining balance

$0

Interest rate

3.75%

Loan type

New Conventional, 1 year

Seller

Strait Ii Business Llc

Lender

Groundfloor Holdings Ga Llc

Loan start date

January 2020

Original loan amount

$219,470

Est. remaining balance

$0

Interest rate

3.75%

Loan type

New Conventional, 1 year

Seller

Strait Ii Business Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 3:20 PM

Listing updated: 02/21/2025 at 4:19 PM

Listed by: Zachary Harrison, Zachary Harrison, Top Agent RealtyTop Agent Realty Phone #: (248) 277-4226

MLS: Realcomp #20250010122

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