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Detroit, MI  --  Properties for Sale
 

9340 Rutherford

9340 Rutherford This 3 bedroom 1.5 bath bungalow built in 1950 was completely rehabbed in February 2007. We found a tenant who is renting the property for $750 per month.

We are now looking to offer this property to any investor who is interested in receiving $3000 cash back at closing. $750 of monthly income & positive monthly cash flow. The appraised value of the home is $84,000; so we are offering it to the investor with $9000 INSTANT EQUITY!

It has an all new kitchen, new furnace, duct work & flue liner, new windows, new divertor in bathroom & new fixtures, new front and rear doors, repaired, primed and painted walls, repaired heating/cooling system, newly sanded & painted wood floors, repaired fence, repaired brick, drylocked basement walls, and skim-coat & tuck point porch/steps.

Investor Price: $78,000
Cash Back at Closing: $3,000
11% Discount!!!

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2166 Oakman

2166 Oakman This 4 bedroom 2 & 1/2 bath corner bungalow built in 1924 was completely rehabbed in July 2007. We found a tenant who is renting the property for $1200 per month.

We are now looking to offer this property to any investor who is interested in receiving $3300 cash back at closing. $1200 of monthly income & positive monthly cash flow. The appraised value of the home is $165,000; so we are offering it to the investor with $18,150 INSTANT EQUITY!

This home has a detached garage in a fenced lot, hardwood floors & wood trim throughout, natural fireplace, and semi finished basement. It has an all new kitchen, new flooring, new hot water tank, new furnace, duct work, & chimney liner, new windows, new bathrooms, plumbing, & fixtures, new exterior and interior doors, and newly repaired, primed, and painted walls.

Investor Price: $150,150
Cash Back at Closing: $3,300
Actual Price to Investor: $146,850
11% Discount!!!

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4153 Woodhall

4153 Woodhall This 3 bedroom 1.5 bath bungalow built in 1923 was completely rehabbed in February 2007. We found a tenant who is renting the property for $850 per month.

We are now looking to offer this property to any investor who is interested in receiving $3000 cash back at closing. $850 of monthly income & positive monthly cash flow. The appraised value of the home is $82,000; so we are offering it to the investor with $9000 INSTANT EQUITY!

It has an all new kitchen, new furnace, new windows, new doors & locks, new carpet, new light fixtures, a newly repaired 2 car garage, newly repaired bathroom & kitchen drain traps, and newly repaired, primed and painted walls.

Investor Price: $76,000
Cash Back at Closing: $3,000
Actual Price to Investor: $73,000
11% Discount!!!

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Tracy Ransome
Rising Star Real Estate
646-648-0629
  tracyransome@gmail.com