Here for sale is a single family home with 3 bedrooms and 1 bathroom on the Eastside of Detroit. This home can rent between $800 – $900 per month. There is a 1 car detached garage. The home will need to be renovated. This is a buy and hold neighborhood or fix and flip with a tenant in place as a turn key investment. Estimated rehab is unknown until the owner leaves the home or rather removes their stuff so we can access the true renovation cost. I’ll say at least $15,000. This is in the Mohican Regent neighborhood.

The home is currently occupied by the homeowner and will be delivered VACANT at closing. PLEASE ONLY DRIVE BY THE PROPERTY.  

——-

Asking price: $30,000/obo

Title Company: Detroit Title and Escrow or Fidelity Title

Warranty Deed

Annual Taxes: $2,198.00

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

Estimated Rehab: Estimated rehab is unknown until the owner leaves the home or rather removes their stuff so we can access the true renovation cost. I’ll say at least $15,000.

View Pictures here:

https://drive.google.com/drive/folders/1-WDmc61v5AV70xvFRXXUjavWVqxhfCX0