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🏡🌟 Good opputrunity in the hottest zipcode 48210 🔥🏡

Wayne County, Detroit, MI, 48210
Sold
Listed at: September 19th, 2024
Price
$54,000
38 pictures, show all
Sq. Footage
900
Type
Single-Family
Parking
Detached Garage
Year build
1923
Lot size
0.07 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

**SHOWING TUESDAY**

Property Details:

  • Type: Single-Family Bungalow w/ Basement
  • Address: 5807 Cabot St, Detroit, MI 48210
  • Square Footage: Not specified
  • Bedrooms: 3
  • Bathrooms: 1
  • Occupancy: Vacant
  • Year Built: Not specified

Key Features:

  • Roof: 15 years old, nearing end of life
  • Windows: Aluminum
  • Heating: Older boiler, functional
  • Water Heater: 11 years old
  • Plumbing: Copper
  • Electrical: Fuse system
  • Exterior: Hardie shingle and aluminum siding
  • Foundation: Concrete block
  • Flooring: Mix of wood, linoleum, and carpet
  • Interior Walls: Plaster
  • Basement: Yes
  • Garage: Detached
  • Additional Notes: Cosmetic updates needed, kitchen and bathroom require renovation, landscaping is necessary. The property has a rodent issue that needs attention.

Investment Highlights:
Located very close to Dearborn, this 3-bedroom bungalow in Detroit offers a solid investment opportunity. The property is in decent condition but requires cosmetic updates to unlock its full potential. The kitchen and bathroom are ready for modernization, and the exterior needs landscaping. The roof and boiler are older but functional. With copper plumbing and a working water heater, the essentials are covered. Ideal for investors seeking a high-ROI project with minimal structural issues!

Wholesale Price: $54,000
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.
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5807 Cabot St, Detroit, MI 48210

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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