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Buy&Hold (Rental): 15018 Tracey Street, Detroit, MI 48227 + UNAVAILABLE

Updated: Jan 20

Single Family Investment Opportunity







Price

$55,000


5 Bedrooms - 2.5 Bathrooms - 1,364 SF


Fantastic opportunity. Flipped comps have sold for above $120,000. Current tenant paying $850/m2m, however, market rent is much higher (~$1100/m2m). You could flip this property as well. The house has 5 BEDROOMS, 2.5 BATHROOMS, is brick and has a full basement. Please do not disturb the tenant. Please submit all offers to sarter@promiselandrealtyllc.com


OFFER DEADLINE: 08/09/2022


UPDATES

NEW furnace in 2018

INVESTMENT FINANCIALS


Return Rate: 17%+ Market Rent: $1100+/m2m Insurance: $40/month

Property Management: $110/month (if wanted)

Taxes: ~$1362 per year

Potential Cashflow: $13,200+ per year

PROPERTY DETAILS

5-6 Bedrooms

2.5 Bathrooms

~1400 sqft

Basement



Property Rent - O - Meter:



Property Maps:






Property Comps:



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





PROMISE LAND REALTY, LLC

Work: 864-762-2509


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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