Overview
- 3 Bedrooms
- 1 Bathrooms
- 1,084 ft
- Year Built: 1948
Description
π₯βATTENTION INVESTORSβπ₯
Detroit, MI 48228 ποΈ
π₯Turnkey Detroit Rental Property
Purchase Price $89,000
Market Value: $125,000-$135,000
Average Rent Once Occupied: $1300-$1400
π‘ Property Details ( Pictures πΌοΈ β )
3 Beds
1 Bath
1084 sqft
Built-in 1948
Single-family house
Parking Features: Garage – Attached
Roof: Asphalt
EMD: $2000
COE: 03/07/24
Escrow: Epic Title Michigan
β EXIT STRATEGY
LONG TERM RENTAL or Section 8 / BUY & HOLD
17% Yearly Cash On Cash π΅
Market Value: $125,000-$135,000
Average Rent Once Occupied: $1300-$1400
πΎ β COMPS
7324 Forrer St Detroit, MI 48228
Sold 01/12/24: $125,000
7345 Ternes St Dearborn, MI 48126
Sold: 11/09/23 $135,000
6897 Rosemont Detroit, MI 48228
Sold 09/20/23: $120,000