RUSSELL WOODS Homes under $150,000

RUSSELL WOODS Homes under $150,000

Welcome to Russell Woods, a hidden gem nestled in the heart of Michigan! This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it the perfect place to call home. With its tree-lined streets and friendly community atmosphere, Russell Woods invites you to experience a lifestyle that balances comfort and accessibility.

One of the standout features of Russell Woods is its affordability, with a variety of homes available for under $150,000. This makes it an ideal choice for first-time homebuyers, young families, or anyone looking to invest in a thriving community without breaking the bank. The homes in this area showcase a mix of architectural styles, from cozy bungalows to spacious ranches, ensuring that there's something to suit every taste and preference.

Residents of Russell Woods enjoy easy access to a wealth of amenities, including parks, schools, and shopping centers, all just a stone's throw away. The neighborhood is well-connected to major roadways, making commutes to nearby cities a breeze. Whether you're seeking a peaceful retreat or a vibrant community, Russell Woods has it all.

Imagine sipping your morning coffee on your front porch, surrounded by the warmth of friendly neighbors and the beauty of nature. With a strong sense of community and a variety of affordable housing options, Russell Woods is not just a place to live; it's a place to thrive. Discover your dream home today in this delightful subdivision, where affordability meets charm!

Newest RUSSELL WOODS Homes under $150,000

4274 Cortland St, Detroit
$55,000
2 Baths ⋅ 20251038941 MLS ⋅ ACTIVE Status
This brick duplex offers over 2,300 square feet of living space with two spacious 2-bedroom, 1-bath units. The property is vacant and ready for renovation. Located near Broadstreet Ave and Cortland St, with easy access to Davison, Livernois, and Grand River, this property sits in the sought-after Russell Woods neighborhood known for its classic architecture and strong community presence. Zoned for residential use, this property offers strong potential for redevelopment or a new residential project. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

4274 Cortland St, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000

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