🚨 Unlock $52K in Equity! Prime Flip Opportunity in Desirable Detroit Neighborhood 🚨

Detroit, MI, 48238 view full address
For Sale
Listed at: November 4th, 2024
Price
$45,000
ARV
$130,000
Gross Margin
$85,000
Sq. Footage
1152
Type
Single-Family
Parking
Off street
Year build
1925
Lot size
0.09 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary
Discover a prime investment opportunity with this single-family home in Detroit, nestled in a desirable and rapidly appreciating neighborhood. This property offers promising potential for investors, with an estimated $52,000 in flip equity on the table. Featuring a classic design and a solid structural foundation, this home is ripe for a makeover that will maximize both its aesthetic and market appeal.

Whether you’re a seasoned flipper or new to the market, this Detroit property offers the perfect balance of affordability, growth potential, and a clear path to equity gains. Seize this opportunity to make a high-return impact in a neighborhood that continues to show promising growth. Don’t miss out on transforming this single-family home into a standout asset in your portfolio!

🏠 PROPERTY DETAILS:
📍 Turner St, Detroit, MI 
🛏️ 3bd | 1ba
📐 1152 sqft
💰 Purchase Price: $45K
🔨 Moderate Rehab - $35K
💰 ARV: $132k
💵 Market Rent NOI $11.5K - ConC 14%
💸 Flip Equity $52K
🏠 LTR Rates based on Market Rent: $1200 
📝 Strategy 🤝🏽 Fix & Flip
💪🏽 Let’s close! 

Buyers to perform their own due dilligence

🐺 Chris Lemay
Acquisitions Manager
e: chris@taxdeedwolfacademy.com

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