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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

200 Richton St, Highland Park, MI 48203

3 Bedrooms / 1 Baths / Single Family

Property Status: Available (Wholesale) |  For Sale: $52,900.00



Near Detroit's Boston Edison district!! Newer Roof Newer Furnace New Windows Fantastic Hardwood Floors. Market Rent is ~$1500. Photos in description


Property Details:
Property Style:
2-Story
Finished Sq. Ft:
1,500
Basement:
Unfinished Basement
Owner/Agent:
Wholesale
Photos: https://photos.app.goo.gl/4ffaJB9msYww9pGm8

200 Richton St Highland Park, MI 48203
OFF-MARKET
VACANT & UPDATED
MARKET RENT: $1500+
PRICE: $52,900
ARV: ~$80,000+
TEXT 248-238-8391

💧 Don't let the blue siding fool you, this is a Brick colonial in Highland Park located near Detroit's Boston Edison district!! Newer Roof, Newer Furnace, New Windows, Fantastic Hardwood Floors. Market Rent is ~$1500+. The house also has a full basement.Vacant and tenant ready!

UPDATES

💧 NEW windows
💧 NEWER roof
💧 NEWER furnace
💧 Updated hardwood floors


INVESTMENT FINANCIALS

💧 Price: $52,900 (ARV ~$80,000+)
💧 Spread: ~$27,000
💧 Return Rate: ~23%+
💧 Market Rent: $1500+/m2m
💧 Insurance: ~$40/month
💧 P Management: ~$150/month (if wanted)
💧 Taxes: ~$1000 per year
💧 Potential Cashflow: $18,000+ per year

PROPERTY DETAILS

💧 3 Bedrooms
💧 1 Bathroom
💧 ~1500 sqft
💧 Full Basement
Photos: https://photos.app.goo.gl/4ffaJB9msYww9pGm8

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