Here is an investment opportunity on Detroit's west side. Brick bungalow on corner lot with one car detached garage. Hardwood floors. Living room with fireplace. Good candidate to flip or fix up and rent out. Cash or DSCR Buyers only.
Attention investors and fix-flip specialists!! Bring your tools to this new project. Located just west of I-96 and minutes from Downtown. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
RENOVATED TENANT-OCCUPIED PROPERTY THAT OFFERS 5 BEDROOMS, 2 BEDROOMS AT ENTRY AND 3 UPSTAIRS, 2 FULL BATHS, 1 AT ENTRY, AND 1 UPSTAIRS SPACIOUS LIVING ROOM. THE TENANT PAYS $1000 A MONTH AND IS CURRENT IN PAYMENTS. LOTS ON EITHER SIDE OF THIS PROPERTY CAN BE PURCHASED FROM THE CITY OF DETROIT TO INCREASE YOUR REAL ESTATE PORTFOLIO.
Make a nice income property. Needs rehab. More info call the Listing Agent Ray 313 685-7208
Amazing opportunity on this 3 bedroom Detroit Ranch! Almost 1000 square feet. 1 car detached garage. The property is sold As-Is, Where-Is. Seller has no knowledge, buyer should perform their due diligence and make their own assessments. The buyer is assuming ALL responsibility for any necessary eviction action. Listing broker & seller assume no responsibility and make no guarantees, warranties, or representations as to the availability or accuracy of the information herein. All info must be verified by the purchaser. Short-term financing is available, low down payment/low monthly payment, $4k down $2k per month Buyer must qualify, see seller for details.
Investor Special ââ?¬â?? Brought to you by the Detroit Land Bank Authority! This classic colonial offers over 1,300 square feet of potential, featuring 3 bedrooms and 1 full bathroom. With solid bones and plenty of character, it's a great opportunity for an investor or rehabber ready to bring this home back to life. Sold as is ââ?¬â?? bring your vision and unlock the possibilities! Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests
Nice investment property. Fire damage upstairs bedroom, Send offers to [email protected] Call listing agent for more info 313 685-7208
Great investment. All brick - 5 bedroom, 3 bath home. 2 car garage. Renovations started. Electrical, plumbing and ductwork completed and some rooms framed. Lots of potential. Seller motivated
Courtesy: Home Negotiators LLC
Phillip VanBuren
Previous buyer couldn't wait for probate to clear, but we are about ready to go. This is a true diamond in the rough with most of the 1930s character still present in this home. Some of the amenities include central air, updated electrical, stained glass windows, and newly installed interior storm windows that will allow you to keep toasty when it's cold. Come join one of the most desired communities in the City; that being Russell Woods. If financing, a purchase rehab loan would be required as a new roof is needed. Sale will require probate court approval. Seller is motivated. Figure 30 days to close.
Here's your opportunity for a great investment in the Mullberry Hill Subdivision. Close to the Livernois Avenue of Fashion, Schools, Freeways and Downtown. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
TENANT PAYS 875/THREE BEDROOM FULL BASEMENT AND ONE CAR GARAGE / TENANT OCCUPIED/NO SHOWINGS WITHOUT ACCEPTED OFFER
Detroit is located in Michigan. Detroit, Michigan 48238has a population of 645,658. Detroit 48238 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48238 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48238 is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.
