Descripiton
Property Details: 14076 Strathmoor St, Detroit, MI 48227 Asking Price: 49k Current Status: Duplex, potential to convert into a 4-plex with 4 separate entries Estimated Income: ~$5,000/month in rent Rehab Costs: Approx. $130k (roof in good condition) Size: 4 bed, 2.5 bath on each side Total: 2,800 sq ft (1,400 sq ft per side) Assignment Fee: 10k ARV: 147k Close of Escrow: December 12,2024 Details: Owner stated that this is a duplex but could be turned into a 4 plex. Has 4 separated entries. Income would be about 5k in rent. Rehab about 130k. Roof is good for another 3-5 years. Duplex does need a full rehab. I am co-wholesaling this property with a person who is direct to seller.Features
1,400 Sq Ft.
4 Beds
2.5 Baths
Price: $49000
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Veronica P
co-wholesale
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