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Buy&Hold (Vacant): 19944 Northrop Street, Detroit, MI 48219 - Deal Available

Single Family Investment Opportunity





Price $60,000


3 Bedrooms 1 Bathroom - 1,072 SF


Great opportunity to invest in the City Of Detroit. There is a high-demand location for this investment in Northwest Detroit! Great addition to your portfolio. Market Rent is $900+. The house is brick, has a basement and had a newly installed roof & furnace in 2016. Property seems to be well maintained however we have not gained access yet. Vacant date is August 1st 2022. Please do not disturb the occupant. Please submit all offers to sarter@promiselandrealtyllc.com


OFFER DEADLINE: 08-14-2022 @ 11:59 PM


Property Photos: https://photos.app.goo.gl/8M6wi3vzygAkWbFs6



UPDATES

New Roof in 2016 New Furnace in 2016

INVESTMENT FINANCIALS

Price: $59,900 (ARV ~$100k+)

Return Rate: ~12%+ Market Rent: $900+/m2m Insurance: ~$40/month

P Management: ~$90/month (if wanted)

Taxes: ~$1120 per year

Potential Cashflow: $10,800+ per year

PROPERTY DETAILS

3 Bedrooms

1 Bathrooms

~1000 sqft

Basement


Property Rent-O-Meter





Property Map



"Your #1 Source for Off Market Investment Properties, NATIONWIDE"





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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