(DETROIT, MI) πŸ”₯ $22k Profit BUY & HOLDπŸ”₯

Wayne County, Detroit, MI, 48238
Sold
Listed at: September 22nd, 2024
Price
$23,000
ARV
$70,000
Gross Margin
$47,000
Sq. Footage
1296
Type
Single-Family
Parking
Off street
Year build
1925
Lot size
0.08 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
0
Summary

 πŸ”₯ $22k Profit BUY & HOLDπŸ”₯

Great Buy/Hold investment opportunity! Colonial in the Northwest Community District. Property has been an active rental property rehab needed based on investor's strategy. Sold as- is Located close to shopping, schools, parks, I-96 and transportation. 

"CLICK HERE" ---> PHOTO LINK

Seller Financing Available!

$4,000 Down Payment

Terms Negotiable!

 

Buy: $23k

ARV: $70k

 

Perfect For:

Buy/Hold

(Purchase Price) $23k + (Rehab) $17k = (Total Investment) $40k

(ARV) $70k -(Total Investment) $40k = (Gross Profit) $30k

Comps:

13143 Manor St, Detroit, MI 48238 -sold for πŸ’°$89,000

13120 Griggs St, Detroit, MI 48238 - sold for πŸ’°$132,500

 

Property Overview: πŸ‘

πŸ›οΈ 4 Bedroom/ 

πŸ› 1 Bath

πŸ“ 1,296 Sq ft. 

🀦 Property delivered vacant

🏘️ Rent Rate $1,250/mo

 

Property Details: 🏑

Age of Roof: 2 years

Year build: 1925

1 Parking space

No HOA

Lot Size: 3,528 sqft 

Oversized front porch

 

 

πŸ”₯ Don't miss out on this fantastic Buy/Hold investment opportunity! Whether you're a seasoned investor or new to the game, this property offers endless possibilities for profit. Contact us today to learn more and seize this opportunityπŸ”₯

Transaction Details:

Non-refundable earnest money deposit of $2,000.00 to secure this property.

For information:

☎️Call or πŸ“±  text Evan: (504) 301- 6371; 

Email: ekillingsworth@cashfasthomesolutions.com

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

Evan Killingsworth

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