Fix&Flip (Single Family): 3836 Richton St, Detroit, MI 48206 + $80,000
- Promise Land Realty
- 5 minutes ago
- 3 min read
Single Family Investment Opportunity
OFF-MARKET FIX & FLIP / BRRRR OPPORTUNITY – DETROIT, MI
3836 Richton St, Detroit, MI 48206
Property Highlights
2 Bedrooms
1.5 Bathrooms
1,065 SQFT
Excellent Fix & Flip or Buy & Hold Opportunity
Strong Rental Demand Area
Investor-Friendly Neighborhood
Property Photos:
Investment Overview
This off-market Detroit investment property presents an attractive opportunity for investors seeking a value-add asset with significant upside potential.
The property requires primarily cosmetic to moderate renovations and is well-suited for a fix-and-flip strategy, long-term rental hold, or BRRRR execution.
Estimated Numbers
Rehab Estimate: Approximately $10,000
After Repair Value (ARV): Approximately $180,000
Comparable Sale
2428 Whalen St, Hamtramck, MI 48212 recently sold as-is for approximately $140,000.
Location Highlights
Approximately 10 Minutes from Downtown Detroit
Near Wayne State University
Close to the Henry Ford Hospital District
Convenient Access to Major Highways and Employment Centers
Strong Rental and Resale Market
Deal Terms
Asking Price:Â $80,000
$5,000 Earnest Money Deposit Required
Seller to remain in possession for approximately 10–14 days after closing
$10,000 Post-Possession Holdback to remain in escrow until vacant possession is delivered
Property sold As-Is
Closing through Apollo Title Agency
Offer Submission
Please submit all offers and inquiries to:
Serious cash buyers and qualified investors only.
Thank you for your cooperation.
Please submit all offers and inquiries directly to:
Property Map
TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors & Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
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PROMISE LAND REALTY LLC
Work: 864-762-2509
Trusted by 50,000+ Investors. Featured on BiggerPockets:
PROMISELAND DISCLAIMER:
Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.
No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.