Make an offer! - 19544 Pelkey St, Detroit, MI, 48205!

19544 Pelkey St, Detroit, MI 48205

$60,000 After Repair Value -
$35,000 Asking Price -
$0 Cost of Repairs =
$25,000 Potential Profit

Property Details

Asking Price $35,000

After Repair Value $60,000

Costs of Repairs $0

Potential Profit $25,000

Living Area 1443 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

3 bedroom brick home in Detroit with existing cash flowing tenant paying $700/month. Opportunity to do a value-add rehab and bump the rent up to market level in a city that is experiencing a great overall rebound. Some mechanicals were recently updated (water heater and furnace). If cash-flow is your goal, this could be a a low const investment to add to or start your out of state portfolio.

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