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Pure Equity Investments LLC

1
Grand Blanc, MI 48439
 (810) 908-6470
Contact Us

Pure Equity Investments LLC

1
Grand Blanc, MI 48439
 (810) 908-6470
Contact Us

12023 Griggs St, Detroit, MI 48204

4 Bedrooms / 2 Baths / Multiple Family

Property Status: Sold (Wholesale) |  Sold: $49,900.00



Brick Duplex. New Roof. Separate Meters. Bring us an offer!


Property Details:
Property Style:
Duplex
Year Built:
1952
Finished Sq. Ft:
1,400
Basement:
No Basement
Owner/Agent:
Wholesale
πŸ’§ Excellent investment income property. New Roof. Unit 1 has a 10 year tenant in place on month to month so you can raise rent. Unit 2 has a 5 year tenant in place on month to month. Market Rent per Units should be at least $700-$850+ a month.

πŸ’§ 2 bedroom, 1 bathroom units
πŸ’§ Separate Meters
πŸ’§ 2 furnaces, 2 water heaters, 2 meters
πŸ’§ Comes with Vacant Lot next door
πŸ’§ On a slab
πŸ’§ NEW ROOF

Make good cash flow from day 1. Value add is updating cosmetics & raising rent.

UPDATES
πŸ’§New Roof

If tenant moves out, consider updating the cosmetics & raise rent

INVESTMENT FINANCIALS

πŸ’§ Price: $55,000
πŸ’§ Unit 1 Market Rent: $750 - $850+
πŸ’§ Unit 2 Market Rent: $750 - $850+
πŸ’§ Taxes: $800 per year
πŸ’§ Potential Cashflow: $18,000 - $20,400+ per year

PROPERTY DETAILS

πŸ’§ 4 Bedrooms
πŸ’§ 2 Bathrooms
πŸ’§ Over 1300 SQFT
πŸ’§ 2 Kitchens
πŸ’§ 2 Furnaces, 2 Water Heaters, 2 Meters
πŸ’§ Big backyard with patio
πŸ’§ Comes with vacant lot next door

Photos: https://photos.app.goo.gl/sRV9i7H1MB58gpk66

CALL or TEXT 248-238-8391

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