MOTIVATED SELLER - BRING YOUR OFFER. Seller has his sights set on another project that needs the money from this one and wants this house GONE.
3 bed / 1.5 bath, 1,152 sqft single-family built in 2005 in Highland Park, MI. Recently renovated: new roof (2021), brand-new furnace and hot water tank. Full basement, large lot, off-street parking. Vacant and ready for your tenant or your rehab crew - light cosmetic work only.
RENTAL NUMBERS: Previously leased at $1,600/month. ~7.6% cap at asking. Minutes from I-75 and the Davison Freeway with quick access to Downtown Detroit and Midtown, and Highland Park redevelopment is pulling in investor money.
ARV: $156,000 (comps-backed)
ASKING: $123,000
CASH ONLY. 7-day close. No inspection contingency. First serious buyer with proof of funds gets it.
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Figures from the seller unless a line says otherwise. Verify before you close.