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8247 Groveview Ave, Ferndale, MI 48220

Single Family / 3 Bedroom(s) / 1 Bath(s)

Property Status:  Not Available | $90,000.00 (Wholesale) | 

Property Photos
8247 Groveview Ave (Image - No Photo)

NEW Roof/Windows/Furnace/AC!! Brick Ranch. CLICK FOR PHOTOS.

Property Status:
Not Available | $90,000.00 (Wholesale)
Contact Info
Pure Equity Investments LLC
(248) 238-8391

Request To See This Property
Property Details:
Single Family / 3 BR / 1 BA
Property Style:
1-Story
Year Built:
1952
Finished Sq Ft:
1,000
Garage:
2 Car Detached
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Property Description:
Photos: photos.app.goo.gl/pConaC5W2zePX33u5

8247 Groveview Ave, Ferndale/Royal Oak Twp, MI 48220

OFF-MARKET
MAINTAINED WITH UPDATES
MARKET RENT: $1500+
PRICE: $95,000
ARV: $225k+
TEXT 248-238-8391

💧 3 bedroom 1 bathroom brick ranch with a full basement and two car garage. Very well maintained. NEW Roof 3 years ago, NEW windows 6 years ago, NEW furnace 6 years ago, NEW AC 6 years ago!!

UPDATES

💧 NEW Roof (2019)
💧 NEW Windows (2015)
💧 NEW Furnace (2015)
💧 NEW AC (2015)


INVESTMENT FINANCIALS

💧 Price: $95,000 (ARV ~$225,000+)
💧 Spread: ~$27,000
💧 Return Rate: ~23%+
💧 Market Rent: $1500+/m2m
💧 Insurance: ~$40/month
💧 P Management: ~$150/month (if wanted)
💧 Taxes: ~$1000 per year
💧 Potential Cashflow: $18,000+ per year

PROPERTY DETAILS

💧 3 Bedrooms
💧 1 Bathroom
💧 ~1000 sqft
💧 Full Basement
💧 2 Car Garage

Photos: photos.app.goo.gl/pConaC5W2zePX33u5

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Michigan Real Estate Investors is not responsible nor will be held liable for the property or the information listed here.

Michigan Real Estate Investors is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Clarkston, MI 48348
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