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Fix & Flip (Vacant) : 3017 STURTEVANT ST, DETROIT, MI 48206 + AVAILABLE

Single Family Investment Opportunity












Price

$72,500


Exclusive Off-Market Listing: 3017 Sturtevant St, Detroit, MI 48206



Asking Price: $72,500



Discover a rare investment opportunity in Detroit's burgeoning real estate market with this charming 4-bedroom, 3-bathroom home, boasting a generous 2,618 square feet of living space. Situated in a neighborhood experiencing a dynamic increase in values, this property is an ideal choice for savvy investors.


Key Features:

  • Spacious Layout: 4 well-appointed bedrooms and 3 full bathrooms offer ample space for a comfortable living experience.

  • Generous Size: With 2,618 square feet, this property presents a substantial footprint for creative renovation.

  • After Repair Value (ARV): Estimated to be close to $200,000, offering a significant upside potential upon renovation.

  • Investment Potential: Excellent opportunity to fix and hold, particularly for Section 8 rental, ensuring a consistent income stream.


Investment Highlights:

  • Rehabilitation Needs: The property requires an estimated $80,000 in rehabilitation, providing a blank canvas for a custom renovation.

  • Rising Market Values: Detroit's real estate market is on the upswing, making this an opportune time to invest.

  • Location Advantage: Situated in a desirable area of Detroit, this property is poised for value appreciation.


Opportunity for Investors: This property represents a fantastic fix-and-hold opportunity, perfect for those looking to capitalize on Detroit's rising rental market, especially for Section 8 housing. The potential for a significant return on investment is bolstered by the estimated ARV of close to $200,000.


Submit Your Offer: We invite all interested investors to submit their offers to investments@promiselandrealtyllc.com. This is a unique opportunity to invest in Detroit's thriving property market, and we encourage swift action as this off-market listing won't last long.


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.

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