Here for sale is a brick 4 unit home with 2 bedrooms and 1 bathroom in each unit on the Westside of Detroit. Close to freeways and public transportation. There is lot to the left of the home that is included in the sale. There is also an additional lot next to that lot that may be able to be purchased for $100 from the Detroit Land Bank. Each unit can rent between $550 – $650 per month. There is no garage. This property will need $120,000-150,000 for renovations. This is a buy and hold neighborhood. I will get more pictures in a week or so.
This 4 unit will need to be updated and the amount of renovation needed will depend on what type of finishes you want. The rehab is estimated between $120,000.00 – $150,000.00.
The property is vacant and will be delivered vacant at closing.
Asking price: $35,000.00/obo
Title Company: Detroit Title and Escrow
Annual Taxes: $1,242.00
Deposit: $1,500.00 – only refundable if the seller does not close. 10 day inspection period. Will be delivered vacant at closing.
Estimated Rehab: $120,0000 – $150,000 Depending on finishes.
View Pictures Here:
- 9917 -9919 Woodside
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- For Sale
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