$152,864 After Repair Value -
$15,000 Asking Price -
$90,000 Cost of Repairs =
$47,864 Potential Profit

Property Details

Asking Price $15,000

After Repair Value $152,864

Costs of Repairs $90,000

Potential Profit $47,864

Living Area 1,862 ft2

Property Type Multi-Family

Bedrooms 4

Bathrooms 2

Half Bathrooms N/A

Parking 2

Listed with Agent 0

EPI (Estimated Potential Income)

Potential Rental Income $1,000

Yearly Expenses $0

Property Taxes $0

Net Operating Income $0

Cap Rate N/A

Property Description

Selling Assignment Contract for $15k OBO Visit this link to see video walkthrough, and photos here: https://photos.app.goo.gl/iCZqsbE2fxMpFo1x8 Off Market Multi - Family Home NEED FULL REHAB ON THE INSIDE NO STRUCTURAL DAMAGES Two family flat Home size is 1,862 sqft Lot size is 4,268 sqft There are 2 bedrooms, 1 full bath, dining area and kitchen in each unit, up and down. Two car garage Back porch both up and down Has two furnaces and two electric boxes in the basement Average rent in the area is around $1k Home is located in a Marygrove College/ U of D District. Close to Grand Meyer Plaza, Merchant Row Commons, University of Detroit Mercy, Wyoming and Six Market. Buyer must send proof of funds if interested Buyer pays all closing costs. Buyers are encouraged to conduct due diligence before signing assignment contract. For questions or concerns please contact us at (518) 290 6600

Repairs Needed

Repairs - Full Rehab on the inside is needed - No structural damages - The garage is a total tear-down. - Has two furnaces and two electric boxes in the basement, no issues with them as per the Seller.


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