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Buy&Hold (Rental): 20535 Joann Street, Detroit, MI 48205 - Pending

Updated: Apr 6

Single Family Investment Opportunity




Acquisition Price

$43,000


3 Bedrooms/1 Bathroom/ 918 SF

Great opportunity to invest in a tenant occupied property in the City of Detroit. This property is located in a solid rental community near E. 8 mile rd. and is currently producing under market rent, $550/month. The potential market rent here is actually $1,000/month immediately. Home is completely move-in ready. Roof replacement recommendedwithin the next two years and light cosmetic renovation suggested but not necessary. Tenant is currently on a month to month lease but has occupied the property for quite some time.


Please submit all offers directly to sarter@promiselandrealtyllc.com


Offer Deadline: 04/15/2022

Link to photos:

https://photos.app.goo.gl/9WYypMB687JVpmJs9


Property Map



"Brick by Brick"




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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