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Make an Offer! 16253 Strathmoor St, Detroit, MI, 48235

16253 Strathmoor St, Detroit, MI 48235

$65,000 After Repair Value -
$38,000 Asking Price -
$0 Cost of Repairs =
$27,000 Potential Profit

Property Details

Asking Price $38,000

After Repair Value $65,000

Costs of Repairs $0

Potential Profit $27,000

Living Area 900 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Don\'t miss this opportunity to own a 3 bedroom brick bungalow on a quiet street in the West Side of Detroit. A value add opportunity with easy items like cutting back bushes and restoring the floors, this property could yield a 15% cap rate after a little bit of updating. This is a great addition to a buy and hold investor looking to add some solid monthly cash flow. Inquire today to be added on our upcoming walk through.

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