Multifamily Investment Opportunity
4 Bed 2 bath
2320 Sq. Ft
Price
$85,000
Welcome to the Winterhalter neighborhood on Detroit's vibrant Westside! This solid brick duplex presents an excellent opportunity for homeowners and investors alike. With a little cleanup and minor improvements, this property can be move-in ready, offering immediate potential.
Currently occupied, this duplex will be delivered vacant at closing, providing a blank canvas for your creative vision. The neighborhood boasts a welcoming community, and this property is conveniently located within a .25-mile radius of recently sold comps, which have achieved an impressive after repair value of $140,000. This indicates the tremendous potential for a return on investment.
The Winterhalter neighborhood offers a competitive rental market, with comparable properties commanding monthly rents of $900. With modest renovations and updates, you can easily tap into this rental demand, providing a steady stream of income.
This duplex is characterized by its sturdy brick construction, ensuring durability and longevity. The layout of the property offers flexibility and the opportunity to customize each unit to suit your preferences or the needs of potential tenants. Whether you're looking to establish a comfortable home or secure a profitable investment, this property has the potential to fulfill your aspirations.
Please submit all offers directly to sarter@promiselandrealtyllc.com
Property Photos: https://drive.google.com/drive/folders/1-lMJWWEiUTYRhKpfwkQ2gq-duSe9XPvo?usp=share_link
Property Comps:
"Your #1 Source for Discounted 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*
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