Michigan Real Estate Investors


1054 Holbrook St, Waterford Township, MI 48328

Property Status: Available (Wholesale) | For Sale: $80,000.00

3 Bedrooms / 1 Baths / Single Family

1054 Holbrook Ave Waterford, MI 48328

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $80,000.00
Property Details:
3 Bedrooms / 1 Baths / Single Family
Property Style:
Year Built:
Finished Sq Ft:
1 Car Attached
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Selling my Assignable Contract for 1054 Holbrook Ave Waterford, MI 48328- Asking $80,000. Agents add your fee and bring a buyer! NEED FUNDING https://form.jotform.com/Stone_Benjamin/jeffs-private-lending-for-non-owner Tenant Occupied, paying on time since Nov 1 2008, that’s right, going on 11 years Current lease up in July, but has no desire to move, keep tenant in place and continue to cash flow.. Currently PAYING $900 a MONTH 3 Bed / 1 Bath - One bedroom piggy backs off the other but a separate entry is doable Full unfinished basement, forced air heat, city water, city sewer, no garage (existing pad still there, was torn down last year) Roof replaced last year, if looking to replace current tenant and increase rent, you will need paint, carpet and a heavy cleaning. LOW taxes, already non homstead, last sale was ‘03 for $90k 9%+ cap 20%+ Cash on Cash with leverage CHECK COMPS: Instant Equity 100k ARV - Rent currently below market, increase on renewal or keep collecting a check Huron Gardens, west of Telegraph, North of 59- grab property now before Summit Mall goes Down and prices go UP Link to pictures: https://www.dropbox.com/sh/zw1v4eat56tiapp/AADDTflKYT4Sbw8DK1J_Dwbwa?dl=0 Link to Financial Proforma as Rental: https://docs.google.com/spreadsheets/d/1CD5voAot7uRpUlEEorPstwHDBfP5yjv7FNgJkzVb0To/edit#gid=0 Comparables: https://www.dropbox.com/sh/zw1v4eat56tiapp/AADDTflKYT4Sbw8DK1J_Dwbwa?dl=0 Call or text me to set up a showing: 248-760-3214 Thanks, Ryan Licensed Real Estate Agent

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. 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 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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