π₯ $22k Profit BUY & HOLDπ₯
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.
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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 π°$89,000
13120 Griggs St, Detroit, MI 48238 - sold for π°$132,500
Property Overview: π‘
ποΈ 4 Bedroom/
π 1 Bath
π 1,296 Sq ft.
π€¦ Property delivered vacant
ποΈ Rent Rate $1,250/mo
Property Details: π‘
Age of Roof: 2 years
Year build: 1925
1 Parking space
No HOA
Lot Size: 3,528 sqft
Oversized front porch
π₯ 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 opportunityπ₯
Transaction Details:
Non-refundable earnest money deposit of $2,000.00 to secure this property.
For information:
βοΈCall or π± text Evan: (504) 301- 6371;
Email: ekillingsworth@cashfasthomesolutions.com
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