🤑Buy Price 🔹UNDER 50% ARV🔹Detroit MI🤑

Wayne County, Detroit, MI, 48238 view full address
For Sale
Listed at: November 18th 2022
Price
$60,000
ARV
$145,000
Spread
$85,000
41 pictures, show all
Sq. Footage
1296
Type
Single Family
Parking
Unassigned
Year build
1925
Lot size
0.07 acres
Bedrooms
5
Bathrooms
1

If someone buys for this price, no more offers will be accepted

Summary

💰 Investment Opportunity 💰

🛠Fix & Flip

Retail Value: $145,000

Purchase Price: $60,000

🏡Property Details

Rehab Level: Moderate

Construction: Wood Frame, Concrete Foundation

HVAC: Heating Unit 2022 New Ducts and Vents 2022 No AC unit

Water Heater: New - 2022

Roof: New roof 12/2021

Windows: New Vinyl 11/2021

Occupancy: Vacant, Rental ok


Owner stripped out walls, added new insulation, all new electrical, some new framing (estimated $25K in repairs)

All interior is done and only needs flooring.

Full exterior needs to be prepped and painted.


📚Nearby Schools

Marshall Thurgood Elementary School

  • Grades: PK-8
  • Distance: 1.6 mi

Douglass Academy For Young Men

  • Grades: PK, 6-12
  • Distance: 5.6 mi


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DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with a memorandum has been signed with the Seller. One or more members, directors or employees of Sell Quick for Cash LLC are licensed real estate agents in the state of Arizona with Gentry Real Estate. There is no agency, expressed or implied, between Buyer and Sell Quick for Cash LLC or any of its members, directors or employees. Any attempts to renegotiate or make contact with the owner will result in legal action.

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Last Sale Price