Rosedale Park home with landscaped backyard asks $165K

In what big city can you find a large single-family home with character and a beautiful backyard for under $200,000? The dream is still alive in Detroit. Rosedale Park is full of gorgeous older homes, and this one is a beauty. Read Full Article

by Platinum Acq
September 21, 2017
Real Estate

Renovated Victorian mansion in Brush Park sells for $2.65 million

A renovated Victorian mansion in Brush Park that once housed a Detroit lumber titan has sold to a new owner. The Edmund, formerly the home of Lucien Moore at 104 Edmund Place, sold for $2.65 million to Jeffrey Rohr, a Grand Blanc-area optometrist, according to Matt O'Laughlin, director of commercial real estate for Detroit-based The [...]

by Platinum Acq
September 18, 2017
Business, Construction, Real Estate

Hubbard Farms duplex needs complete rehab, asks $150K

Hubbard Farms has been a hot neighborhood in Detroit this year, and we’re starting to see these great houses sell for prices ranging from $230K to $277K. Now we have a house that needs all the work (the listing says to bring a flashlight), but it has good bones, as they say. Read Full Article

by Platinum Acq
September 15, 2017
Construction, Real Estate

How much for a two-bedroom New Center townhouse?

One neighborhood where it’s been interesting to watch the real estate market in recent years is New Center. We’ve seen a lot more development activity happen in this area, with renovations happening to storefronts and buildings along Woodward and Grand Boulevard, a restoration of the Fisher Building underway, the Pistons building a practice facility nearby, and Third & [...]

by Platinum Acq
September 11, 2017
Real Estate

Corktown cottage lists for $237K

We recently made a map of potential starter homes in Detroit. Prices and sizes of homes vary widely between neighborhoods. We didn’t feature any homes in Corktown because they’re hard to come by and when they list, they’re listing for a lot. So here we have an 800-square-foot cottage that is absolutely adorable. The interior is pretty [...]

by Platinum Acq
September 8, 2017
Business, Construction, Real Estate

Remodeled Detroit home with pool wants nearly $500K

With gleaming hardwood floors, an in-ground pool, and wood accents throughout, this Detroit home is on the market and ready for its next homebuyer. Since it was constructed in 1953, this five-bedroom, five-bathroom single-family home has undergone a remodeling for the kitchen as well as new windows and a new roof. Read Full Article

by Platinum Acq
September 3, 2017
Business, Construction, Real Estate

For $99K, a century-old bank building with original vault

This week, we seem to be dreaming of what we could do with a lot of properties around Detroit. This bank building that just listed on West Warren Avenue (near 94) has some really cool original details left, including its original walk-in Diebold Vault (the doors themselves sell for thousands on eBay). The sale includes [...]

by Platinum Acq
August 30, 2017
Business, Construction, Real Estate

Declining housing stock puts homebuyers in a bind

Anyone eager to buy a home this spring probably has reasons to feel good. Job growth has been solid. Average pay is rising. And mortgage rates, even after edging up of late, are still near historic lows. And then there’s the bad news: Just try to find a house. Read Full Article

by Platinum Acq
August 28, 2017
Business, Construction, Real Estate

In Corktown, seven vacant lots list for $1.05M

Anyone interested in some land in Corktown? There are seven vacant lots now up for grabs, prime for mixed-use development, including retail, residential, office, and hotel uses. The entire property spans 36,154 square feet with a $1.05 million asking price. This land package is located near the main strip of Corktown with easy access to [...]

by Platinum Acq
August 24, 2017
Business, Construction, Real Estate

Eminem selling Rochester Hills property; rarely stayed there

Eminem is looking to get a real-estate albatross off his neck, putting his little-used Rochester Hills estate on the market for $2 million. For the past decade, the rapper has primarily lived at his home in Clinton Township in neighboring Macomb County. Read Full Article