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Buy&Hold (Duplex): 3756 Burlingame Street, Detroit, MI 48206 - Deal Available

Updated: Oct 4, 2022

Multifamily Investment Opportunity






Price:

$77,500


6 Bedrooms 2 Bathrooms - 2,208 SF

Each Unit is 3/1


Great opportunity to invest in the City Of Detroit. This property is 100% occupied and generating $1,290 per month. Because of the high rents, it would be attractive to an investor looking to build a strong portfolio. Professionally Managed by Mutual Property Management. Seller has had the following repairs done:

New railings on porch

Painted inside

Drywall work done on the ceiling and painted

Fixed plumbing in bathrooms

Fixed faucets inside and outside

New sump pump

Unit Breakdown is $720 per month upstairs and $570 downstairs for a total of $1290 per month


With light cosmetic renovations this property could reach an After Repair Value of $100,000+.



Property Photos: https://photos.app.goo.gl/rqb8FmQkUNSWmsFm9


Property Comps:





"Your #1 Source for Off Market Investment Properties, NATIONWIDE"




PROMISE LAND REALTY, LLC

Work: 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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