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Buy&Hold (Rental): 2447 Calvert St., Detroit, MI 48206 - PENDING

Updated: May 19

Duplex Investment Opportunity





Acquisition Price

$95,000


4 bedrooms | 2.0 bathrooms | 2,204 sqft.


Great Opportunity to invest in a cash flowing duplex in Detroit, MI. This is a well-maintained duplex in a highly sought after Detroit neighborhood. Great area right outside of the Boston Historical District. Add this to your portfolio. This property is located only a few blocks away from the Russell Woods/Nardin Park Strategic Neighborhood, designated to receive millions of dollars in public and private investment! Please do not disturb the tenant as they are not aware of the sale. There is value add in renovation and rental increase. The market rent for this property is $1,775/month and the After Repair Value is $300,000.


Rent: $525/m2m upper unit Rent: $575/m2m lower unit

Taxes: $1300 per year

Current Cashflow: $14,400+ per year


Please submit all offers to sarter@promiselandrealtyllc.com.


Offer Deadline is 4/8/2022.


Property Photos: https://photos.app.goo.gl/rg5rRcCT8mDyyh7W8


Property Comps:




"Brick by Brick"




PROMISE LAND REALTY, LLC

864-762-2509

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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