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Fix&Hold (Vacant) : (2 SFH ) 55 E Henry & 57 E Henry St, River Rouge, MI 48218 - SOLD

Updated: Jan 20

Single Family Investment Opportunity



55 E Henry

57 E Henry


Price:

$70,000


Off-Market Investment Opportunity: A Pair of Homes Perfect for Rental Income in River Rouge

Are you in search of a smart investment that offers excellent potential for rental income? Look no further! We have an exciting off-market opportunity featuring not one, but two adjacent houses located in the charming community of River Rouge. Ideal for investors or those seeking a set of rental properties, this two-pack deal is too good to pass up! Please submit all offers directly to sarter@promiselandrealtyllc.com.


Property Details:

55 E Henry River Rouge, MI 48218:

  • 772 sqft Vinyl Ranch

  • 3 bedrooms, 1 bathroom

  • Crawl space (no garage)

  • Full rehab required, including roof, paint, flooring, kitchen, and bathroom

  • Siding and foundation in great shape

  • Explore photos here: https://photos.app.goo.gl/zHS86CbwZJvLAoEr6

57 E Henry River Rouge, MI 48218:

  • 887 sqft Vinyl Ranch

  • 3 bedrooms, 1 bathroom

  • Basement (no garage)

  • Rehab needs: Roof, paint, flooring, kitchen, and bathroom

  • Furnace, electrical, and HWH in good shape

  • Basement in good condition

  • Take a closer look at photos here: https://photos.app.goo.gl/zss6naNpVgpi4d3u9

Package Deal:

  • Both properties for a total price of $70,000

  • Market Rent Potential: $1,000 - $1,100 per house

Why This Opportunity Stands Out:

  • Adjacent Properties: These two homes are conveniently located right next door to each other, making property management and maintenance a breeze.

  • Rental Income Potential: With a combined market rent potential of $2,000 - $2,200 per month, this investment offers a strong cash flow opportunity.

  • Solid Foundations: Both properties have foundations and siding in great condition, providing a strong structural base for your investment.

  • Differing Rehab Levels: While 55 E Henry requires a full rehab, 57 E Henry presents an opportunity with less extensive work, including a well-maintained basement and updated mechanicals.

Whether you're an experienced investor looking to expand your portfolio or a newcomer to real estate investing, this two-pack deal in River Rouge is worth serious consideration. Act quickly to seize this off-market opportunity before it's gone!


For inquiries, additional details, or to schedule a viewing, please contact us today. We're here to assist you in unlocking the full potential of these investment properties.


Property Comps



"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT PROPERTIES, NATIONWIDE"



PROMISE LAND REALTY, LLC

Work: 864-762-2509

sarter@promiselandrealtyllc.com


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. 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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