REP | 15751 Cherrylawn St, Detroit, MI 48238

15751 Cherrylawn St, Detroit, MI 48238

4 Bedrooms / 2 Baths / Multiple Family

Property Status: For Sale | $62,000.00 (Wholesale) |

Property Photos

Duplex in highly desired Fitzgerald Marygrove area. ARV $140k+. One unit move in ready, one unit needs cosmetics. Good area. Priced right.

Property Status:
For Sale | $62,000.00 (Wholesale)

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Property Details:

Property Style:

Duplex

Year Built:

1927

Finished Sq. Ft:

1,850

Basement:

Unfinished Basement

Owner/Agent:

Wholesale

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CONTACT
Call: 248-238-8391
Text: 248-238-8391
Email: PureEquityInvestments@gmail.com

COMPS:

$140k+ ARV
Rental market demands $1000+/m PER UNIT
15800 Tuller sold for $195k
16224 Kentucky sold for $140k
15867 Woodingham sold for $130k

MARKET RENT:
Rental market demands $1000+/m PER UNIT

NEEDS:
One unit needs cosmetic updates
One unit is already near move in ready

ESTIMATED REPAIR COST:
$15,000 - $25,000

DESCRIPTION:
2-story duplex
Each unit is 2 bed, 1 bath 900 sqft
Separate meters
First floor unit needs flooring/paint/touchups
Second floor unit is near move in ready, just needs touchups/cleaning. It has newer carpet/flooring throughout.
Solid foundation.
Good roof.
Opportunity is presented in utilizing the BRRR Method, Fix and Flip, or Update and Rent.

PROPERTY DETAILS:
4 Bedrooms
2 Bathroom
~1900 SQFT
Full Basement
Built in 1927

CALL OR TEXT:
248-238-8391

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.

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.

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