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Buy&Hold (Vacant): 16755 Turner Detroit, MI 48221 - UNAVAILABLE

Updated: Jan 20, 2024

Single Family Investment Opportunity



Price

$62,000

Property Type: Single-Family Residential

Bedrooms: 4

Bathrooms: 2

Square Footage: 1,462 sqft


Welcome to this amazing investment opportunity located in Detroit's highly valued Fitzgerald neighborhood! This all-brick property presents a fantastic chance to capitalize on the thriving real estate market in the area. With 4 bedrooms, 2 bathrooms, and 1,462 square feet of living space, this home offers a comfortable and spacious layout for potential tenants or future homeowners.


Upon completion of repairs, this property is conservatively estimated to have an impressive after-repair value of $145,000. The Fitzgerald neighborhood is known for its strong rental demand, with rental prices in the area ranging from $1,450 to $1,700. This presents an excellent opportunity to generate steady rental income and achieve a solid return on investment.


Investing in this property not only guarantees a potential lucrative return but also provides an opportunity to contribute to the revitalization and growth of the Fitzgerald neighborhood. With the conservative after-repair value estimation and the attractive rental market in the area, this investment promises both short-term and long-term financial rewards.


Thank you for considering this off-market listing. We look forward to hearing from you soon and helping you secure a profitable investment. Please submit all offers directly to sarter@promiselandrealtyllc.com




"Your #1 Source for Off Market Investment Properties, NATIONWIDE"









PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. 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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