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Buy&Hold (Vacant): 18217 PRAIRIE ST, Detroit, MI 48221 + SOLD

Updated: Feb 24

Single Family Investment Opportunity






Price

$115,000



Exclusive Off-Market Opportunity: Turnkey Investment Property in Detroit


Address: 18217 Prairie Street, Detroit, MI 48221

Price: $115,000



Highlights:

  • Type: Single-Family Home

  • Construction: Robust brick exterior, ensuring durability and ease of maintenance

  • Condition: In good condition, ready for immediate occupancy

  • Size: 1,232 square feet

  • Bedrooms: 3

  • Bathrooms: 1

  • Additional Space: Full basement


Investment Potential:

  • Area Demand: Located in a desirable Detroit neighborhood, this property is poised for consistent rental demand, perfect for investors seeking valuable additions to their portfolio.

  • Rental Prospects: With 3 spacious bedrooms and a full bathroom, this home is ideally suited for families or working professionals, offering strong rental income opportunities.

  • Maintenance: The brick construction not only adds aesthetic appeal but also minimizes maintenance needs, a significant advantage for rental properties.

  • Turnkey Status: Ready to generate income with minimal preparation needed from the new owner.


Location Benefits:

  • Proximity to essential amenities, educational institutions, and public transport links.

  • Nestled in a community with a vibrant atmosphere, enhancing its appeal to potential renters.


Financials:

  • Priced competitively at $115,000, this property is a strategic investment choice with high potential for rental yield.


Next Steps:


Property Comps



YOUR #1 SOURCE FOR OFF MARKET INVESTMENT PROPERTIES, NATIONWIDE"





PROMISE LAND REALTY

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. Brokers and Realtors may add your fee on top of the purchase price.


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