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Krainz Woods 3-Bedroom Midcentury Modern Asks $75K

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Photo via <a href="http://www.zillow.com/homes/for_sale/Detroit-MI/88566209_zpid/17762_rid/42.509312,-82.74662,42.195206,-83.451118_rect/10_zm/">Zillow</a><br>
Photo via Zillow

This 3-bedroom, 3-bathroom home offers 1500 square feet of open floor plan living. The house has a really interesting look from the street with its space-age roofline, classic midcentury modern windows and soft gold brick. Inside, "interesting" doesn't even begin to describe it. The house has a ton of fab original touches including a slate entry, crazy 60s chandelier, brick fireplace with a low-profile mantel, and loads of cool light fixtures (not even counting that chandelier). With the right rehab, this place could be an atomic ranch showplace, and a unique piece of 60s charm in a city far better known for Tudor cottages, beaux arts mansions and over-the-top auto money palaces.

With its beautifully tended lawn and porch and patio seating, the 1959 home sits on a huge corner lot, offering plenty of room for outdoor living space. Though this home sits on a tidy street of well-maintained homes, the neighborhood in general suffers a high crime rate, even by Detroit standards. For the buyer that goes into this with eyes wide open, though, the home has great potential. Given the turnaround in Palmer Park and Hamtramck, Krainz Woods might be capable of a serious comeback if community-minded neighbors move in, rehab and keep up the original owners' good work. In the current Detroit market, the $75K asking price is a huge stretch, though in an ideal world, a home so lovingly tended and maintained would command a price beyond rubies.

·5540 E Hildale St [Zillow]