Here for sale is a nice brick colonial home with 3 bedrooms and 1 bathroom. It is 800 square feet and it was built in 1938. This property is on the Eastside of Detroit. This home is currently occupied by the homeowner but will be delivered vacant at closing. This home could rent between $800.00 – $900.00 per month. This property is in the E. Outer Drive-Hayes neighborhood which is good for rentals and fix and flips with tenants. The home does not have garage. However the lot next to the home is included in the sale.
Estimated Rehab: $25,000 – $50,000 depending on finishes. Most of the work is in the basement so it can be gutted and cleaned up. I suggest gutting the basement to give it a clean fresh look.
This is a buy and hold neighborhood or fix and flip with a tenant as a turnkey property.
The home is OCCUPIED and will be delivered VACANT 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.
Showing requests that have an offer included will be given priority.
Asking price: $18,000.00/obo
Title Company: Detroit Title and Escrow, Fidelity Title, or Regions Title
Annual Taxes: $800.00
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: $25,000 – $50,000 depending on finishes
View pictures here:
- 14461 Longview St.
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