Buy&Hold (Section 8): 22008 Ridgeway St, St Clair Shores, MI 48080 - Metro Detroit - SOLD
- Jan 25, 2023
- 1 min read
Updated: May 8, 2023
Single Family Investment Opportunity
Price
$111,000
3 Bedrooms 1 Bathroom - 1001 SF
This property is highly attractive to potential investors looking for a cash flowing rental property in an excellent neighborhood. This property is currently tenant occupied (Section 8 @ $1500/month). Rents could be increased with moderate interior & exterior cosmetic updates as recently leased comp .5 miles away from subject property is renting for $1650. St.Clair Shores is a strong market for single family sales, ARV for this property is $200,000 based upon recently sold fully renovated comp .25 miles away from the subject property. Please submit all offers to sarter@promiselandrealtyllc.com
Section 8 documents and rent payment verification available with proof of funds.
Property Photos: https://photos.app.goo.gl/2M6yT9KPzVhf14iN6
Property Comps: 22300 Downing St. Clair Shores, MI 48080
"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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