48238 🚀 Prime 5/1 Investment Opportunity in Detroit! 🚀

Wayne County, Detroit, MI, 48238 view full address
For Sale
Listed at: August 6th, 2024
Price
$29,900
ARV
$140,000
Gross Margin
$110,100
Sq. Footage
1300
Type
Single-Family
Parking
Driveway
Year build
1926
Lot size
0.09 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary
  • 🛏 5 Beds | 🛁 1 Bath | 📐 1,300 sqft | 🌳 Lot: 3,920 sqft
  • 🏡 Year Built: 1926 | Prime Location: Growing investor area with high potential for returns and growth 📈
  • 🔑 Current Status: Occupied by tenants, under eviction process; will be delivered vacant at closing
  • 🛠 Property Condition: Needs renovation and updates; current condition not clear but was occupied for a few years

💵 Financial Highlights:

  • After Repair Value (ARV): $120K - $157K 💰
  • Rents: $1500-$1600 per month, promising high returns

💸 We Offer Hard Money Loan

📞 For more information, please contact us at (321) 450-3472

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

Ruben C.

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