Multifamily Investment Opportunity
Price
$37,000
Exclusive Off-Market Investment Opportunity: Duplex in Need of Renovation
Address:Â 4447 Baldwin St, Detroit, MI 48214
Asking Price:Â $37,000
Rehab Estimate:Â $50,000
After Repair Value (ARV):Â $106,000
Property Photos:
Property Overview:
Seize the opportunity to own a brick duplex with immense potential in the heart of Detroit. Located at 4447 Baldwin St, this property presents a lucrative investment for those looking to capitalize on Detroit's real estate market. Each unit features 2 bedrooms and 1 bathroom, offering the perfect canvas for renovation and customization.
Investment Highlights:
Duplex Configuration:Â Two units, each with 2 bedrooms and 1 bathroom, providing a versatile investment opportunity.
Rehab Potential:Â Estimated $50,000 in rehab to transform and maximize rental income or resale value.
Attractive ARV:Â Projected After Repair Value of $106,000, promising significant upside potential post-renovation.
Rental Income Prospects:Â Market rent estimates at $1,000 per unit, indicating a strong income potential of $2,000 monthly upon renovation and stabilization.
Brick Construction:Â Desirable brick exterior, a hallmark of durability and low maintenance, appealing to investors focused on long-term value.
Ideal Investment For:
This property is perfectly suited for investors looking for duplex properties with significant upside through renovation. Whether you're aiming to add a valuable asset to your rental portfolio or seeking a flip opportunity with attractive returns, this duplex offers the foundation to achieve your investment goals.
Next Steps:
Ready to explore this unique investment? We invite serious investors to consider the potential of 4447 Baldwin St. For more information or to submit an offer, please contact directly at investments@promiselandrealtyllc.com. Don't miss out on this off-market opportunity to invest in Detroit's vibrant real estate market.
Property Comps:
"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. 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