3240 Elizabeth St, Wayne, MI 48184

Exciting investment opportunity to own this stately Tudor style home built by one of the premier luxury home builders in the Detroit! This property's main lot sits on 1 acre with 300 feet of waterfront on the beautiful Rouge River. It is really a showstopper. **Also included in the sale are 3 lots that could be split or combined for building and sold off or used for privacy** The home has a very functional layout with coved ceilings, arched doorways, eye-popping spiral staircase, multiple fireplaces, and incredible built-ins. There are 5 bedrooms including a separate one-bedroom apartment on the one end of the second floor with its own stairway that is perfect for in-law quarters or an au-pare setup. The lot and yard have endless potential for gardens and entertaining setups. Circle driveway for lots of parking and easy in and out. Beautiful 3 season room that overlooks the backyard as well. A tree fell on the roof, so repairs will be needed (likely full roof replacement). The old owner spent a small fortune updating the electrical and plumbing as you can see in the pictures. This has the potential to be an amazing flip or a dream home for the handy homeowner. **The 3 lots have dimensions of 40x124 and then two connected lots 28x130 and 35x130 Property sold as-is. New buyer to assume city repairs and get City transfer sale inspection after close. Cash Only. Offers with no inspection period will be given priority over those that have inspection.