$$$ Turn Key Brick Duplex 48238 Detroit / Instant Cash Flow $$$

Wayne County, Detroit, MI, 48238
Sold
Listed at: August 13th, 2022
Price
$75,000
ARV
$140,000
Gross Margin
$65,000
Sq. Footage
2370
Type
Multifamily
Parking
Driveway
Year build
1925
Lot size
4356.00 sqft
Bedrooms
6
Bathrooms
2
Half Bathrooms
0
Summary

2645 W Grand St Detroit 48238


Brick Duplex - 6 Bed / 2 Bath

3 Bed / 1 Bath each unit

2,370 SqFt

Lot Size: 4,356 SqFt

Basement (each unit has their own side)

Roof was replaced 5 years ago


Pictures:  https://www.dropbox.com/sh/jrb5uxzralne1lk/AAD4YtGWU7a-JAeCfXlRK52Ua?dl=0


Currently occupied with long term tenants at $1,300/mo ($700/unit, owner gives $100 credit to one tenant for lawn maintenance). Market rent is closer to $1,000+ / mo / unit. Tenants are month to month


Asking: $70,000

(* Assignment, $1,000 EMD, Agents/Wholesalers looking to JV add fee on top)



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

Brandon Woodbeck

No reviews

Disposition manager