This promising investment property nestled in the heart of Detroit and is brimming with character, perfect for experienced investors or those looking to make their mark on the Detroit housing landscape. This multi-level layout provides a spacious footprint for creative redesign. This property's generous lot size allows for potential expansion or exterior amenities. - Located within a community ripe for revitalization efforts, promising increasing future values. - Rental market insights indicate potential earning estimates of around $1,027 - $1,106 per month, adding allure for those interested in buy-to-rent strategies. - Requires comprehensive renovations - perfect for a tailor-made project. - Holds the promise of significant returns on investment post-renovation. Seize the opportunity to transform this property into a profitable venture. With homes in the area displaying a year-on-year growth in value, capitalize on the low entry price and the promising rental income projections. Whether you aim to flip or to rent, this property presents an exciting proposition in a dynamically evolving Detroit market.
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Arianna Lee of National Realty Centers, Inc
This listing last updated: Thu, April 04, 2024 at 6:32:18 AM EDT
MIRealSource Listing Data Last Updated On Saturday, July 6 2024 at 9:09am