20107 Southfield Fwy, Detroit, MI 48235

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

Property Status:  For Sale | $60,000.00 (Wholesale)


Property Photos


Investment Opportunity in Southfield Detroit, MI 48235, Don't Miss Out on this Hot Deal! - With The WoodLux Marketing and Sales Agency


Property Status:
This Property is currently...
  • Status:  For Sale | $60,000.00 (Wholesale)
Property Details:
Single Family / 3 BR / 1.5 BA
Property Style:
1-1/2 Story
Year Built:
1942
Finished Sq Ft:
1,440
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
Behind the Property has an attached Balcony
Contact Info
Woodlux Marketing, LLC
(616) 218-8566

View on Individual's Website
Property Description:

πŸ‘πŸ’Ό Investment Opportunity in Detroit, MI 48235 πŸ’ΌπŸ‘

πŸ”₯πŸ”₯ Don't Miss Out on this Hot Deal! πŸ”₯πŸ”₯

πŸ“ Address: 20107 Southfield FWY, Detroit, MI 48235

πŸ›? Bedrooms: 3 Beds

πŸ› Bathrooms: 1 Baths

πŸ“ Square Footage: 1,440 Sq ft

πŸ“ Lot Square Footage: 4,792 Sq ft

🏑 Year Built: 1942

πŸ“œ Deed: Warranty Deed

πŸ’° Est. ARV: $94, Avg, Price Per Square Foot at - $135,360.

 πŸ” Asking Price: $60K

 πŸ”Buy Now Price $65K   -    ( πŸ”” Showings will be canceled instantly ) 

πŸ”§?? Rehab Level: Average - Mild 

πŸ› ? Estimated Rehab: ( $20K - $30K ) 

πŸ’Ό EMD: $2,000

πŸ”“ Is Currently Occupied, Tenant is open to staying (Optional) Rent is currently ( $700 ) 

πŸ”‘ “Assigning Over Equitable Interest”

πŸ“Έ Pictures: Check them out here! ( Google Drive Link ) - drive.google.com/drive/folders/1RvSOyvN6IouATPRRdx7jkwrMwNOYj-op?usp=drive_link


Notable Features: This 3-bed, 1-bath home at 20107 Southfield FWY, Detroit, MI 48235, Is a great investment opportunity, Originally 1,100 sq ft, It now offers 1,440 sq ft after remodels, Including 2 addition on the exterior of the property, Including the top floor and a rear balcony (needing of repairs), Also is tenant-occupied, bringing in $700/month, and the tenant is open to staying ( Optional ), Zillow may show outdated 2013 photos, but the property has been updated since. With mild to average rehab needed (estimated $20K-$30K), The ARV is now Estimated at $94 Price/Square Foot - $135,360 The asking price is $60K, With a buy-now option at $65K, Ideal for fix-and-flip or buy-and-hold investors. Don't miss out!


πŸ’ΌπŸ’° Act Fast! Whether you're a seasoned investor or just getting started, this is an opportunity you won't want to miss. Contact us today to seize this prime investment before it's gone!


πŸ“žπŸ” For More Information, Feel Free to Reach Out! πŸ”πŸ“ž

πŸ‘¨‍πŸ’Ό Contact: Moses Cruz

πŸ“± Cell: (616) 218-8566

πŸ“§ Email: WoodluxMarketing@gmail.com


πŸ“Š Comparable Properties:


Comp #1: 

🏠 Address: 20228 Rosemont Ave, Detroit MI 48219

πŸ›? Bedrooms: 3 Beds

πŸ› Bathrooms: 1 Baths

πŸ“ Sq Ft: 1,100 Sq Ft

πŸ“ Lot Square Footage: 5,227 Sq Ft

🏑 Year Built: 1950

πŸ’²Sold at: $125,000 - $91 Price/Sqft

πŸ“… Sold Date: 04/05/24

πŸ›£? Distance from property: (0.2 mile)


Comp #2: 

🏠 Address: 20526 Ashton Ave, Detroit, MI 48219

πŸ›? Bedrooms: 3 Beds

πŸ› Bathrooms: 2 Baths

πŸ“ Sq Ft: 1,322 Sq Ft

πŸ“ Lot Square Footage: 5,662 sq ft lot

🏑 Year Built: 1955

πŸ’²Sold at: $124,900 - $94 Price/Sqft

πŸ“… Sold Date: 12/14/23

πŸ›£? Distance from property: (0.2 mile)


Comp #3: 

🏠 Address: 20550 Ashton Ave, Detroit, MI 48219

πŸ›? Bedrooms: 3 Beds

πŸ› Bathrooms: 1 Baths

πŸ“ Sq Ft: 1,200 Sq Ft

πŸ“ Lot Square Footage: 5,662 Sq Ft

🏑 Year Built: 1955

πŸ’²Sold at: $115,000 - $97 Price/Sqft

πŸ“…Sold Date: 03/29/24

πŸ›£? Distance from property: (0.3 mile)

 

πŸ“ˆ These comps provide valuable insights into the current market trends! For a detailed analysis or to network to explore further opportunities, Don't hesitate to get in touch with us at The Woodlux Marketing and Sales Agency, Act now to make more informed investment decisions.



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. Real Estate Promo is not responsible nor will be held liable for the property or the information listed here.

Real Estate Promo 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.