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🏑🌟 Fantastic investment opportunity in Detroit’s Hottest Zip –48228! πŸ”₯🏑

Wayne County, Detroit, MI, 48228
Sold
Listed at: September 17th, 2024
Price
$29,000
32 pictures, show all
Sq. Footage
875
Type
Single-Family
Parking
Driveway
Year build
1922
Lot size
0.10 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Property Details:

  • Address: 6312 Auburn St, Detroit, MI 48228
  • Type: Single-Family Ranch
  • Bedrooms: 2
  • Bathrooms: 1
  • Square Footage: 875
  • Occupancy: Occupied, will be vacant before closing 
  • Central Air: No

Key Features:

  • Roof: 10 years old
  • Windows: Vinyl
  • Doors: Original solid core or missing
  • Furnace & Water Heater: Older but fully functional
  • Exterior: Aluminum siding
  • Foundation: Poured concrete
  • Flooring: Mix of vinyl plank, carpet, linoleum, and tile
  • Walls: Combination of drywall and plaster
  • Basement: Yes
  • Garage: None
  • Driveway: Poor condition

Investment Highlights:

This cozy 2-bedroom, 1-bath ranch is located in the highly desirable 48228 zip code, just 3 blocks from Dearborn, making it a prime investment opportunity. The home features a solid roof (10 years old), vinyl windows, and a mix of functional flooring throughout. While the furnace and water heater are older, both are working well. Cosmetic updates such as painting, door replacements, and driveway repair will boost its value. The house sits on a solid foundation with poured concrete and PVC plumbing, ensuring durability for years to come.

Perfect for investors looking to capitalize on Detroit's rising market, this property offers a solid ROI with minimal updates.

Wholesale Price: $29,000
EMD: $2,500
Access: By Appointment

CALL OR TEXT: (248) 975-7431

 

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All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. I am not the owner of record. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a EMD non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer.
Videos

6312 Auburn st, Detroit, MI 48228

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

Yuvi Rachmilewitz

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