Buy&Hold (Rental): 15018 Tracey Street, Detroit, MI 48227 - No Longer Available
Updated: Dec 9, 2022
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 Photos: https://photos.app.goo.gl/UC9czQqVVs5jdQX89
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
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*