🚜🧱🔨👷‍♀️GOLD MINE IN DETROIT, MI 💰🏆👷⚒️

Description

🏡Detroit, MI 48204

Details:

🛏️ Beds: 4

🛁 Baths: 3

📐 Living Area: 2,600 sq. ft

📐 Lot Size: 3,485 sq. ft

🏢 Year Built: 1927

⚒️ Renovation: $15,000 more less

💸 ARV: $125,000+

3 UNIT
BASEMENT EMPTY UNFINISHED
DOWNSTAIRS UNIT 2/1 – OWNER LIVING
THERE ARE 2 UNIT ON UPSTAIRS
2ND UNIT 1/1 – TENANT LIVING
3ND UNIT 1/1 – TENANT LIVING
WILL BE VACANT BEFORE CLOSING

🏘️ Rehabbed Comps:

#1 – 12325 Santa Rosa Dr, Detroit, MI 48204 – 4 bd 2 ba – 3,064 sqft – Sold: $180,000 – Sold on 06/27/23 – FULLY RENOVATED – https://www.zillow.com/homedetails/12325-Santa-Rosa-Dr-Detroit-MI-48204/88626700_zpid/?

#2 – 12717 Santa Rosa Dr, Detroit, MI 48238 – 6 bd 2 ba – 2,300 sqft – Sold: $178,500 Sold on 11/21/2023 – FULLY RENOVATED – https://www.realtor.com/realestateandhomes-detail/12717-Santa-Rosa-Dr_Detroit_MI_48238_M40499-28438

🏘️ AS-IS Comps:

#1 – 4900 Cortland St, Detroit, MI 48204 Sold: $125,000 Sold on 10/17/23 – https://www.realtor.com/realestateandhomes-detail/4900-Cortland-St_Detroit_MI_48204_M32697-54160

#2 – 12046 Prairie St, Detroit, MI 48204 – Sold: $125,000 Sold on 08/03/23 –

https://www.realtor.com/realestateandhomes-detail/12046-Prairie-St_Detroit_MI_48204_M43889-59982

#3 – 12681 Santa Rosa Dr, Detroit, MI 48238 – Sold: $150,000 Sold on 03/03/23 –

https://www.realtor.com/realestateandhomes-detail/12681-Santa-Rosa-Dr_Detroit_MI_48238_M34311-81329

#4 – 12047 Prairie St, Detroit, MI 48204 – Sold: $79,000 Sold on 06/23/23 – https://www.realtor.com/realestateandhomes-detail/12047-Prairie-St_Detroit_MI_48204_M44931-69557