$400,000

Two side-by-side historic buildings in Detroit's East Village, offered together at $400,000 or individually at $200,000 each. The major structural work is behind you: new roofs, full demo, a rebuilt third floor, original fireplaces and woodwork preserved. Bring your architect and finish the story, two blocks from The Shepherd and Pewabic, on a tree-lined street where neighbors are restoring these old homes one by one. Two side-by-side historic buildings are waiting for someone with vision. Behind their brick facades, the bones of a grander era are still intact: original fireplaces, inlaid tile foyers, large pocket doors, hand-detailed paneling and wainscotting, all carefully preserved through a full interior demolition. Both buildings have a brand-new roof, both are gut-demoed and ready to build, and one has a fully rebuilt third floor. What's left is the best part: bringing them back to life. The buildings sit on original fieldstone foundations. The roof and the structural work up top are already handled, so your architect gets to focus on the vision. There is real structural work still ahead, including masonry repair, both porches to rebuild, and some second-floor framing to address, but it's defined, visible scope, not the hidden surprises that sink a rehab budget. At roughly 8,630 square feet across the two buildings, three full stories each, plus deep basements with the ceiling height to convert to additional living space, the possibilities are genuinely open. Restore them as a pair of grand single-family homes. Create a boutique collection of apartments. Live in one and lease the other. Out back, massive yards with alley access leave room for off-street parking and the kind of garden, patio, or gathering space that turns a building into a home. The stone base is proven and the structure is understood, so you're building on a known quantity, not guessing.