$37,400
1 Bed
1 Bath
63,192 Sqft
3.02 Acre Lot

1550 Cherboneau Place 221, Detroit, Michigan 48207

  • Residential Property Type
  • 63,192 Sqft Square Footage
  • 1963 Year Built
Property Description

In the heart of Historic Lafayette Park! Spacious first-floor 1-bedroom co-op is full of potential and priced for someone ready to bring their vision to life. With a little updating and modern touches, this could become an incredible downtown retreat with unbeatable value. Enjoy generous storage and an unbeatable location just moments from some of Detroit’s most loved destinations, including the Dequindre Cut, Eastern Market, the Riverwalk, major sports venues, dining, nightlife, and entertainment. Residents of Cherboneau Place enjoy a welcoming community atmosphere with impressive amenities including gated parking, beautifully maintained grounds, a community room, library, on-site laundry, exercise room, workshop space, private secure storage, and elevator access for added convenience. The monthly HOA ($720) provides exceptional value by covering property taxes, water, heat, trash service, building maintenance, and A/C maintenance. Assoc. contact: marcusmgt@aol.com / 248.553.47 Opportunity knocks in the heart of Historic Lafayette Park! This spacious first-floor 2-bedroom co-op is full of potential and priced for someone ready to bring their vision to life. With a little updating, fresh flooring and modern touches, this could become an incredible downtown retreat with unbeatable value. Enjoy generous storage and an unbeatable location just moments from some of Detroit’s most loved destinations, including the Dequindre Cut, Eastern Market, the Riverwalk, major sports venues, dining, nightlife, and entertainment. Residents of Cherboneau Place enjoy a welcoming community atmosphere with impressive amenities including gated parking, beautifully maintained grounds, a community room, library, on-site laundry, exercise room, workshop space, private secure storage, and elevator access for added convenience. The monthly HOA provides exceptional value by covering property taxes, water, heat, trash service, building maintenance, and A/C maintenance, making everyday living both simple and affordable. Co-op board approval is required. Cash purchase only. Owner-occupied residents only.

Basic Details
Residential
For Sale
26024085
$37,400
1
3
1
63,192 Sqft
1963
3.02 Acre
Pending
1
Stock Cooperative
Features
: Baseboard
: Central Air
: Slab, Partial
: Ranch, Mid-Century Modern
: Carpet, Laminate
: Pantry, Elevator, Ceiling Fan(s)
: Laundry Room, In Basement, Sink
: Public
: Natural Gas Connected, Cable Available, Electricity Available
: Insulated Windows
Appliances
: Microwave, Range, Disposal
Address Map
MI
Wayne
Detroit
48207
Cherboneau
1550
Place
W84° 57' 59.2''
N42° 20' 27.7''
221
Neighborhood
Chrysler Elementary School
Martin Luther King Jr. Senior High School
Detroit
Bunker Elementary School
Additional information
Berkshire Hathaway Snyder & Co
Brian Meeks
Additional Information
Laundry, Library, Storage
763
: Brick
2026-05-22
2
: Public
Financial
720.0
Monthly
: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
1
Listing Information
e450231
oa2500
Cash
Pending
2026-09-20T19:35:41Z
MICHRIC
2026-09-20T19:34:47Z
Agent info
6231 W River Dr NE STE K, Belmont, MI 49306
Contact Agent