Buy&Hold (Rental): 18 SFH Turnkey Portfolio, Oakland County, MI - Deal Available
Single Family Investment Opportunity
24435 Andover, Dearborn Heights
7771 West Parkway, Detroit/Redford Border
309 W. Marshall, Ferndale
23378 Carlisle, Hazel Park
23767 Battelle, Hazel Park
26 E Bernhard, Hazel Park
1210 E Bernhard, Hazel park
533 Chestnut, Hazel Park
516 Orchard, Hazel Park
141 W. Granet, Hazel Park
101 W. Maxlow, Hazel Park
37 W. Shelving, Hazel Park
8501 Colgate, Oak Park
23251 Meadowlark, Oak Park
23487 Republic, Oak Park
24481 Republic, Oak Park
63 Maplefield, Pleasant Ridge
65 Maplefield, Pleasant Ridge
Portfolio Price (CASH):
$2,250,000
Portfolio Price (LAND CONTRACT): *Seller Financing Available
$2.4M, 7 yrs, 6.5%, $700k Down, $30K EMD
Great opportunity to own a solid rental portfolio in the Metro Detroit Area. All properties are currently tenant occupied and performing. The owner will also accept seller financing with the terms listed above. Total Monthly Rental Income is $18,650. Additional information will be made available during the due diligence period. Please submit all offers directly to sarter@promiselandrealtyllc.com. This package has value add. Rents can definitely be increased. All properties are in good condition
Photos: https://drive.google.com/drive/folders/1FLimfn57-Rs-ZdI7tggjR_e6Dqtvytcl?usp=share_link (missing photos of 2 properties)
List Of Addresses & Rents
24435 Andover, Dearborn Heights - Current Rent - $925
7771 West Parkway, Detroit (Redford Border) - Current Rent - $950
309 W. Marshall, Ferndale - Current Rent $1,300
23378 Carlisle, Hazel Park - Current Rent $1,100
23767 Battelle, Hazel Park - Current Rent $900
26 E. Bernhard, Hazel Park - Current Rent $1,000
1210 E. Bernhard, Hazel Park - Current Rent $975
533 Chestnut, Hazel Park - Current Rent $1,050
516 Orchard, Hazel Park - Current Rent $900
141 W. Granet, Hazel Park - Current Rent $825
101 W. Maxlow, Hazel Park - Current Rent $800
37 W. Shevlin, Hazel Park - Current Rent $975
8501 Colgate, Oak Park - Current Rent $875
23251 Meadowlark, Oak Park - Current Rent $1,300
23487 Republic, Oak Park - Current Rent $1,050
24481 Republic, Oak Park - Current Rent $975
63 Maplefield, Pleasant Ridge - Current Rent $1,350
65 Maplefield, Pleasant Ridge - Current Rent $1,400
Total Monthly Rent $18,650
Total Security Deposits to be transferred - $27,500 (Each Property has a Security Deposit)
Total Taxes - $32,000
Leases and Rental Certs. Available in the Due Diligence
Property Map
"Your #1 Source for Discounted 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. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. 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*