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Buy&Hold: 18753 Sunderland Road, Detroit, MI 48219 - Deal Available

Single Family Investment Opportunity





Acquisition Price:

$62,500


18753 Sunderland Rd, Detroit, MI 48219 | 2bd/1ba | 1,556 sqft |


Great opportunity to invest in the City Of Detroit. This property has already been partially rehabbed (see photos) and is ready for the right tenant. We ask that the buyer conduct their own due diligence for the remaining rehab to be done. Market Rent potential for this property is $1,000/month. Please submit all offers to sarter@promiselandrealtyllc.com



PROPERTY PHOTOS:

https://www.dropbox.com/s/lgx9cgksz1ptyih/Photo%20Mar%2019%2C%206%2033%2032%20PM.jpg?dl=0

PROPERTY COMPS:

16816 Sunderland 3bd/1.5ba Sold $192k 3/2/21

16835 Sunderland 3bd/1.5ba Sold $163k 1/27/21

17170 Sunderland 3bd/1.5ba Sold $160k 8/2/21

17292 Sunderland 3bd/1.5ba Sold $105k 12/3/21

ARV adjusted for 2bd/1ba approximately $130k

Terms of Offer:

- Cash only

- Must be able to close as-is no contingencies.

- Buyer pays all closing costs

- Closing through Speedy Title

- $1,000 EMD required to secure assignment contract.


PROPERTY MAP:



"Brick by Brick"




PROMISE LAND REALTY, LLC

Work: 313-307-6616

sarter@promiselandrealtyllc.com

www.promiselandrealtyllc.com


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*


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