🏡🌟 Great Fixer-Upper Opportunity in Detroit, MI 🔥🏡

Detroit, MI, 48238
Sold
Listed at: October 9th, 2024
Price
$26,000
Sq. Footage
1122
Type
Single-Family
Parking
Garage
Year build
1924
Lot size
0.09 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

Property Details:

  • Type: Single-Family Bungalow w/ Basement & 2-Car Detached Garage
  • Bedrooms/Bathrooms: 3 Beds / 1.5 Baths
  • Square Footage: 1,122 
  • Occupancy: Vacant

Key Features:

  • Roof: Older but appears in decent shape
  • Windows/Doors: Mix of vinyl and aluminum windows, original solid core doors
  • Plumbing/Electrical: PVC plumbing. Older Romex electrical wiring.
  • Heating/Water Heater: Furnace is unknown; water heater is 11 years old 
  • Central Air: No
  • Exterior: Aluminum siding
  • Flooring: Mix of wood, linoleum, and tile
  • Walls: Combination of drywall and plaster
  • Garage/Driveway: Shared driveway in poor condition; garage for the subject property on the right, neighbor's on the left
  • Basement: unfinished
  • Foundation: Concrete block

    Investment Highlights: This bungalow in an up-and-coming Detroit neighborhood presents a fantastic investment opportunity. It needs to be updated but offers significant potential for ROI once completed. The roof appears serviceable, and the house features a basement and two-car garage—ideal for investors looking to fix and flip or add to their rental portfolio.

    Wholesale Price: $26,000
    EMD: $1,500
    Access: By Appointment

    CALL OR TEXT: (248) 975-7431

    Make an Offer Today Using the Button Above

    All feedback is welcome! All reasonable offers will be considered! Need to Sell a Deal?

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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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15512 Log Cabin St, Detroit, MI 48238

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