Summary
This spacious 4-bedroom, 2-bath single-family residence located at Fairmount Dr. in Detroit, MI, offers immense potential as an investment property. Ideal for both fix-and-flip or rental income, the property is set on a quiet street in a residential area.
Property Highlights:
- 🛏️ Bedrooms: 4
- 🛁 Bathrooms: 2
- 🌍 Location: Fairmount Dr, Detroit, MI 48205
- 💰 Sales Price for Investors: $85,000
Investment Potential:
This property is well-suited for investors looking to enhance their portfolio with a turnkey project or a buy-and-hold rental. Delivered vacant, the home offers flexibility in its renovation schedule, making it ideal for maximizing value through strategic upgrades or positioning as an Airbnb.
Comparable Sales in the Area:
- 15508 Carlisle St, Detroit, MI: 3 beds, 1 bath – strong comparable for assessing market potential.
- 15895 Edmore Dr, Detroit, MI: Similar property style, providing insight into the potential after-repair value (ARV).
Details:
- 🏗️ Repairs Needed: Renovation and updates may be required to bring the property up to market standards.
- 📞 Access: By appointment only for property tours.
This property at Fairmount Dr presents a strategic investment in Detroit’s real estate market, providing both growth and income potential in a rapidly revitalizing area.
Contact Brandon Hardin @ 661.699.5512 for details or to arrange a showing, we are direct to seller any attempt to circumvent our contract will result in litigation
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold