Promise Land Realty 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
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*