48280 Rex Street Shelby Twp, MI 48317 2250
Listing Courtesy of: MIREALSOURCE / Listed By: Re/Max First

  48280 Rex Street Shelby Twp, MI 48317 2250

Active (0 Days)
$199,500 (USD)
3
BED
2
BATH
1,241
SQFT

Description

Appropriately named street .. REX stands for Real Estate X-itement! Here's your chance to unlock the potential of a property with good bones in an amazing location with home ranging $300K-$500K. This home needs some love and what's better than this just in time for Sweetest Day! Whether you're looking for your next investment project or hoping to create a home tailored to your own taste and style, this property offers an opportunity to put your ideas to work and build equity through improvements. **POSITIVES: newer furnace, newer water heater, new toilets, solid full brick house, full basement standing strong, old school ceramic bathroom in great condition, wet plaster/coved ceilings, birch doors. House has been professionally sanitized and ductwork cleaned. Kitchen boasts pantry, large dining area, and cabinets have refurbish potential. Large cedar deck (verify) needs power washing and appears solid. High garage ceiling (potential lift of loft storage). Gigantic backyard, fully fenced and ready for kiddos, doggos, or who-knows! Buyer(s) to make their own observations; this is not a representation of condition of this property. *Mortgage offers may be considered ONLY if they are investor/portfolio type mortgages whereby the property condition has little to no factor in the lender's ability to approve the loan. *DO NOT TRESPASS, YOU MAY BE UNDER VIDEO SURVEILLANCE** ANYONE ON THE PROPERTY MUST BE ACCOMPANIED BY A LICENSED REAL ESTATE AGENT. ALL OFFERS DOCUMENTS MUST BE COMPLETELY/PROPERLY WRITTEN, PROOF OF CASH FUNDS MATCHING THE SAME NAME OF THE NAMED PURCHASER THE PURCHASE AGREEMENT, MORTGAGE OFFERS (SEE ABOVE). **EXPECT EXTREME COMPETITION** **SELLER MAY NOT REVIEW OFFERS OR ACCEPT AN OFFER UNTIL THE PROPERTY HAS BEEN ON THE MARKET 4 DAYS (LIST PRICE MAY INCREASE BASED ON DEMAND/OFFERS RECEIVED). PROPERTY'S HOMESTEAD STATUS IS NOT GUARANTEED. ATTENTION AGENTS: READ 'AGENT REMARKS' IN THE FULL LISTING VERSION IN MLS SYSTEM FOR OFFER SUBMISSION INFO & DETAILS.

MLS #:
61038301
Taxes
$2,445
Lot Size
0.25 acres
Type
Single-Family Home
Year Built
1963
Style
Ranch
School District
Utica Community Schools
County
Macomb County
Community
Shearer Sub

Listed By

Alfred Block, Re/Max First
Source
MIREALSOURCE
Last checked Oct 13 2026 at 11:53 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Dishwasher
  • Refrigerator
  • Gas Water Heater
  • Range/Oven
  • Laundry: Concrete
  • Laundry: In Basement
Kitchen
  • Floor: Linoleum
Subdivision
  • Shearer Sub
Property Features
  • Foundation: Basement
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Ceiling Fan(s)
  • Central Air
Basement Information
  • Unfinished
Garage
  • Attached Garage
Parking
  • Total: 2
Stories
  • 1
Living Area
  • 1,241 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Sotheby's International Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 10:38