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3019 Blaine St, Detroit, MI 48206

Multiple Family / 8 Bedroom(s) / 4 Bath(s)

Property Status:  Not Available | $35,000.00 (Wholesale) | 

Property Photos
3019 Blaine St (Image - 1)
3019 Blaine St (Image - 2)
3019 Blaine St (Image - 3)
3019 Blaine St (Image - 4)

Quadplex in 48206 with Land Contract Available

Property Status:
Not Available | $35,000.00 (Wholesale)
Contact Info
Shinra Group Holdings, LLC
(947) 236-3066

Request To See This Property
Property Details:
Multiple Family / 8 BR / 4 BA
Property Style:
Four-Plex
Year Built:
1923
Finished Sq Ft:
3,660
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Property Description:

🔥HOT LAND CONTRACT QUADPLEX OPPORTUNITY IN 48206!🔥
 

Amazing opportunity for a low entry into one of the hottest spots in Detroit.

🔐 Lock it down now for $35k cash.
💲$5k non-refundable EMD unless unclean title💲

🔐 Flexible $45k land contract terms available starting at:
💲$10k entry
💲$35k financed

Amazing opportunity for a flip into quadplex bliss.
Rent rates at $1.1k/mo x 4 units = $4400/mo.

On the border of La Salle Gardens and the Boston-Edison Historic District, this can either be flipped into a profitable venture, house hacked, or BRRRR'd with immediate cash flow and equity available.

Large lot with parking space next to the brick building.

With this financing, even if you were to put $200k into the reconstruction budget, the property would still DSCR with a 10%+ interest rate.
 

 UNIT DETAILS

🛏? 2 Bed 

🛁 1 Bath

💲Rent Estimate: $1,100

💲HUD FMR 2025 $1,170


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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