4 of 7
BACKNEXT
Woodbridge
Woodbridge
Price: $99,900

Bedrooms: 8
Baths: 2
Size: 4,894 square feet

Description: Victoriana abounds in this revitalizing neighborhood a couple miles west-northwest of downtown. Some of the blocks have been placed on the National Register of Historic Places, and it's one of a few neighborhoods of architecturally significant buildings left mostly intact in hard-hit Motor City. A strong community preservation initiative that sprung up in the 1960s saved it from the urban renewal efforts that claimed many other neighborhoods.

This grand three-story brick home features formal living and dining rooms, a family room, laundry room and a two-car garage. Details include hardwood floors throughout, carved wood moldings and a wood-burning fireplace.

The house needs some work - such as repairs on the plaster walls, according to agent Renee Holman - but it has great bones. And even paying full price, a buyer putting 20% down would have a very light mortgage payment of less than $450 a month for a 30-year fixed rate at the current low interest rates, plus $110 a month in property taxes.

For more information: Century 21 Today

NEXT: Hubbard Farms
Last updated April 09 2009: 2:08 PM ET
More Galleries
8 must-have travel apps Whether you've got wanderlust or an airline grievance, here are some apps to pack onto your phone. More
Hot stocks: 10 record breaking companies The S&P 500 is trading at all-time highs, and many well-known businesses are leading the charge. Time to buy or sell? More
My biggest retirement mistake Five CNNMoney readers share stories about saving that you can learn from. What they would do differently if they had another chance. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.