🔥 NEW DEAL🔥 Detroit MI 48205 🔥 QUICK PROFITABLE FLIP 💰 RENTS $1600/MTH 💰 Asking $25k💰AMAZING OPPORTUNITY💰See VIDEO Walkthrough in Description ⬇️⬇️

Wayne County, Detroit, MI, 48205
Sold
Listed at: November 28th, 2023
Price
$25,000
ARV
$105,000
Gross Margin
$80,000
Sq. Footage
976
Type
Single-Family
Parking
Driveway
Year build
1942
Lot size
0.11 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Investment Opportunity: Detroit Single-Family Home

  • Property Type: Single-family home
  • Bedrooms: 3
  • Bathrooms: 1
  • Basement: Partially finished

Condition:

  • Overall good condition
  • Minor updates needed, primarily paint

Key Features:

  • Spacious driveway accommodates over 4 cars
  • Roof replaced in 2018
  • Front windows replaced in 2018
  • Gutters replaced in 2018
  • Furnace and hot water replaced in 2019

Potential Updates:

  • Partially finished basement offers customization possibilities
  • New microwave, stove, and fridge required in the kitchen
  • Opportunity to update windows in the back for enhanced aesthetics and energy efficiency

This investment property in Detroit presents a solid opportunity with a well-maintained structure and recent key updates. Minor improvements can elevate the property, providing a promising venture for investors in the thriving Detroit real estate market.

Videos

Video Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kevin Kist

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Disposition manager