Single Family Investment Opportunity
Price
$58,000
Off-Market Investment Opportunity: Cosmetic Fixer-Upper in Detroit
Unlock the potential of 16503 Edmore, Detroit, MI 48205, a charming single-family home awaiting a touch of creativity and care. Offered at $58,000, this vacant property represents a fantastic opportunity for investors looking to apply light cosmetic updates and capitalize on the robust Detroit housing market.
Property Overview:
Address:Â 16503 Edmore, Detroit, MI 48205
Sale Price:Â $58,000
Bedrooms:Â 3
Bathrooms:Â 1
Square Feet:Â 852
Investment Highlights:
Cosmetic Rehab Potential:Â With a focus on light cosmetic improvements, this property offers the perfect canvas for investors to apply their vision and enhance value with minimal structural concerns.
Optimal Size and Layout:Â Featuring three bedrooms and one bathroom, the home presents a highly desirable layout for a wide range of tenants or buyers, maximizing its rental and resale appeal.
Strategic Location:Â Situated in a dynamic Detroit neighborhood, 16503 Edmore benefits from close proximity to local amenities, schools, and key transportation links, boosting its attractiveness to future occupants.
Vacant and Ready for Transformation:Â Being vacant, the property allows for immediate start of renovations, ensuring a quick turnaround for investors eager to capitalize on Detroit's lively real estate market.
Call to Action for Investors: This property is a prime opportunity for investors interested in light rehab projects to significantly increase the value of their investment with cosmetic updates. Whether you're expanding your portfolio or searching for a project with straightforward improvement needs, 16503 Edmore offers the ideal blend of potential and profitability.
Submit Your Offer: To seize this off-market investment opportunity, please submit your offers directly to investments@promiselandrealtyllc.com. We welcome investors ready to unlock the full potential of this property and contribute to the revitalization of the vibrant Detroit community.
Don’t miss out on the chance to transform 16503 Edmore into a sought-after residential property. Act now to begin your investment journey with a project that promises both challenge and reward.
Property Comps
"YOUR #1Â 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. 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.