Single Family Investment Opportunity
Price
$37,000
Investment Opportunity in Old Redford, Detroit
Welcome to this exciting investment opportunity in the heart of Detroit's historic Old Redford neighborhood! This 3-bedroom, 1-bathroom, 1089 sqft property is a blank canvas awaiting your vision and expertise. With some TLC and a full rehab, this property has the potential to achieve an impressive After Repair Value (ARV) of $155,000+.
Property Details:
Address: 17257 Trinity St, Detroit, MI 48219
Property Type: Single-Family Residence
Bedrooms: 3
Bathrooms: 1
Square Footage: 1089 sq. ft.
Investment Potential: This property represents an excellent investment opportunity for those looking to add value to their real estate portfolio. Here are some key factors to consider:
Full Rehab: While the property needs a complete overhaul, this presents an opportunity to customize the interior to your specifications, ensuring a high return on investment.
After Repair Value (ARV): With proper renovations, the ARV of this property is estimated to be $155,000 or more, offering a substantial profit margin.
Rental Income: In addition to its resale potential, this property could also serve as a lucrative rental property, generating an estimated $1,000 per month in rental income.
Property Features:
3 Bedrooms: This property offers three spacious bedrooms, providing ample space for potential tenants or future homeowners.
1 Bathroom: A single bathroom is ready to be transformed into a modern, functional space.
Square Footage: With 1089 sqft of living space, there is plenty of room to create a comfortable and desirable living environment.
Contact Us:
To explore this exclusive investment opportunity further or to schedule a viewing, please get in touch at sarter@promiselandrealtyllc.com, your dedicated partner in Detroit's real estate investment scene. Don't miss out on this chance to shape your investment portfolio with a promising off-market deal.
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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*