PLEASE READ THIS EMAIL FROM TOP TO BOTTOM BEFORE ASKING ANY QUESTIONS. I am pretty sure that your question(s) has/have already been answered in this email.

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Here for sale is a nice brick home with 3 bedrooms and 1.5 bathrooms. It is 1,141 square feet and it was built in 1954. This property is on the Westside of Detroit. This home is currently occupied with a tenant paying $750.00 a month. If you update it you could raise the rent to $850 – 900.00. This property is in the Bentler-Pickford neighborhood which is good for rentals and fix and flips. The home does not have a garage. Property management is in place but you can get your own. Copies of the lease and rent rolls will only be given once the deposit has been sent.

Estimated Rehab: Will depend on what repairs the tenant is requesting.

This is a buy and hold neighborhood or fix and flip to a homeowner.  ARV is $45,000 – 65,000 depending on finishes.

The home is OCCUPIED WITH A TENANT and will be delivered OCCUPIED WITH A TENANT at closing.  BUYER IS TO PAY ALL CLOSING COST! PLEASE DRIVE BY THE PROPERTY ONLY. 10 day inspection period once deposit of $1,500.00 has been paid. Deposit is non refundable if buyer does not perform. Deposit is only refundable if the seller does not perform or failed inspection. A failed inspection consist of structure issues such as the foundation or roof rafters.

Showing requests that have an offer included will be given priority. 

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Asking price: $45,000.00/obo

Title Company: Detroit Title and Escrow, Fidelity Title, or Regions Title

Warranty Deed

Annual Taxes: $1,157.00

Deposit: $1,500.00 – only refundable if the seller does not close or failed inspection. 10 day inspection period. Will be delivered VACANT at closing. 

Estimated Rehab: Will depend on what repairs the tenant is requesting.