16527 Stansbury Ave, Detroit, MI 48235

Single Family / 3 Bedroom(s) / 1.5 Bath(s)

Property Status: Pending (Wholesale) | For Sale Pending (Wholesale): $59,900.00

Property Photos

Updated Kitchen. Market Rent $1100+. Brick. Vacant.

Property Status:
This Property is currently...
  • Status: Pending (Wholesale)
  • For Sale Pending (Wholesale): $59,900.00
Property Details:
Single Family / 3 BR / 1.5 BA
Property Style:
Year Built:
Finished Sq Ft:
Unfinished Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Pure Equity Investments LLC
(810) 908-6470

View on Individual's Website
Property Description:
Photos: photos.app.goo.gl/tDwMmaV96rcoGYA5A


💧 Updated Kitchen Cabinets/Backsplash
💧 Updated Stainless Steel Appliances
💧 New Roof 12 years ago
💧 New Furnace 12 years ago
💧 Has an AC


💧 Place tenant at $1100 per month or above
💧 Complete half bath in basement


💧 Price: $59,900 (ARV ~$85,000)
💧 Spread: ~$25,000
💧 Return Rate: ~20%+
💧 Market Rent: $1100+/m2m
💧 Insurance: ~$40/month
💧 P Management: ~$110/month (if wanted)
💧 Taxes: ~$2000 per year
💧 Potential Cashflow: $13,200+ per year


💧 3 Bedrooms
💧 1.5 Bathroom
💧 ~1200 sqft
💧 Full Basement
💧 Built in 1938
Photos: photos.app.goo.gl/tDwMmaV96rcoGYA5A


💧 High-demand location for this investment in 48235. Market Rent is ~$1100+. Updated Kitchen with Backsplash & Stainless Steel appliances. Hardwood floors throughout. The house is brick and has a full basement with half bath. Property has been well maintained. Roof is 12 years old, Furnace is 15 years old. Nice buy & hold opportunity.

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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