Solid Investment in Detroit's Bagley Neighborhood [Vacant on Lockbox]

Are you a cash buyer, or buy and hold investor looking for properties in a solid Detroit neighborhood? Look no further. This property is in livable condition as is, and would be perfect for someone looking to bring it to date. Property features a solid brick exterior, newer furnace & a/c unit, and proximity to development along Livernois Ave! With ~$25-30k in improvements this home could sell for $140k, or you could easily add it to your portfolio and enjoy an equity stake in one of the most sought after neighborhoods in Detroit. 5k emd required. All DD must be done prior to contract. Closing is with Speedy Title. 

By the numbers…

ARV: $140k

Zillow Rent Zestimate Range: $1200.00

AirDna Projected Annual Revenue: $28.6k 

Comps…

19475 Griggs St, Detroit, MI 48221 (2/2; $138k; 11/02/2023

6614 Santa Rosa Dr, Detroit, MI 48221 (2/1; $120k 9/22/2023)

20010 Stoepel St, Detroit, MI 48221 (2/2/; $115k; Active)