🏡 Flip Opportunity in Detroit! 4 Bed Gem w/ Garage – Maximize Returns 💥

Wayne County, Detroit, MI, 48234
Sold
Listed at: September 23rd, 2024
Price
$34,000
Sq. Footage
1613
Type
Single-Family
Parking
Garage
Year build
1926
Lot size
0.13 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
0
Summary

Property Details:

  • Type: 2-Story Single Family Home
  • Address: 7503 Quinn St, Detroit, MI 48234
  • Bedrooms/Bathrooms: 4 bed / 1 bath
  • Square Footage: 1,613
  • Occupancy: Vacant
  • Garage: 2-car detached
  • Basement: Yes, unfinished

Key Features:

  • Roof: Older but in good condition (age unknown)
  • Windows: Mix of vinyl and wood
  • Heating/Cooling: Furnace and water heater are missing
  • Plumbing: Galvanized/PVC – some repairs needed
  • Electrical: Romex, but older
  • Foundation: Brick
  • Exterior: Brick/wood siding
  • Flooring: Mix of hardwood, carpet, tile, and linoleum
  • Walls: Combination of plaster, wood, and drywall
  • Driveway: Good condition
  • Interior: Needs drywall repairs and cosmetic updates (paint, etc.)

Investment Highlights: This property is located in a developing Detroit neighborhood, making it a great addition to your portfolio with excellent ROI potential. While it requires some repairs, including plumbing updates and cosmetic fixes, the structure is solid with a mix of original features like hardwood floors and solid core doors. With some upgrades, this property could be a prime fix-and-flip or long-term rental investment.

 

Wholesale Price: $34,000
EMD: $1,500
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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7503 Quinn St, Detroit, MI 48234

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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Disposition manager