5/16/2024: May Monthly Meeting: Locking Up A Great Deal!

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15503 Tracey St, Detroit, MI 48227

Single Family / 4 Bedroom(s) / 2 Bath(s)

Property Status:  Not Available | $14,500.00 (Wholesale) | 

Property Photos
15503 Tracey St (Image - No Photo)

REDUCED PRICE to $14.5k....We will consider all cash offers / Brick Two Family Flat / ARV $75,000 / Rent $1,300 / Call 248-270-7292

Property Status:
Not Available | $14,500.00 (Wholesale)
Property Details:
Single Family / 4 BR / 2 BA
Property Style:
2-Story
Year Built:
1928
Finished Sq Ft:
1,882
Garage:
2 Car Detached
Basement:
Finished Basement
Owner / Agent:
Wholesale
Property Features:
Sun Room
Contact Info
Metro Detroit Property Solutions
(248) 270-7292

View on Individual's Website
Property Description:
Looking for a cash flow rental property? Look no further. Check out this Two Family Flat units with 2 bedrooms and 1 bath each. It has hardwood floors throughout, full basement, enclosed front porch and a two car garage. ARV is $75k (will provide comps), average rent is $1300 total and ROI is around 18%. This property does need some repairs. Front steps need replacing. The siding, roof and gutters need minor repairs. The garage needs new doors, gutters and some roof patching. The service panel needs updating. The downstairs unit needs a new toilet and sink in the bathroom and complete drywall repair. The upstairs unit needs a new kitchen and a sink for the bathroom. Both units need paint and patching throughout, new floor tiles, refinished hardwood floors, and some lipstick. Make an offer now! follow link to view more pics photos.app.goo.gl/CFWkc5VemBvgtoeK6

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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