2731 Clements St Detroit

25,500

Rent - 775-800 per month 

3 Bed 1 Bath

2731 Clements St Detroit MI 48238 | Cashflowpositive.com

2731 Clements St

Detroit, MI 48238

About the property:

  • Nice, Cozy & Updated Family Bungalow with Potential
  • Price : US $26,500
  • (Wholesale Deal not listed on MLS)
  • 3 Bedroom + 1 Bath Home
  • Expected Rent : $775-800 pm
  • 1,050 square foot house sits on a 4,356 square foot lot
  • This house sold in 2005 for $80,000*

Features:

  • Nice Vinyl Windows
  • Bay Window
  • Stainless Steel Appliances
  • Newer Hot Water Tank
  • Newer Furnace
  • Spacious Master Bedroom + Walk in Closet
  • Kitchen + Bathroom in nice condition
  • Surrounded by Beautiful Multi-Family homes on Block
  • Repairs:
  • Internal Painting
  • Minor Porch Repair
  • General Updates (Drywall repairs + Bathtub reglaze + Basement dry lock + Paint) 
  • Yardwork
  • Roof Repairs (Shingle Patching)
  • Estimated Rehab Cost: $7,700
  • ROI: UP TO 15.73%
  • (15.12% @ 775 PM)
  • 13 minutes (7 miles) and $10 Uber ride to Downtown Detroit
  • Zip Code - 48238
  • About the Location:
  • Population: 9,192
  • Offers residents a Dense Suburban feel
  • Colonial Revival + Early English + Tudor Architectural style homes
  • 65% of residents rent their homes
  • 35% own them
  • Near Major Freeways
  • Libraries + Parks in Area
  • Near Downtown Detroit

GREAT BUY & HOLD

SECURE INVESTMENT OPPORTUNITY

As Values are Climbing quickly in Detroit

Buyer will receive a Clear Title - Warranty Deed backed by Title Insurance.

Property will be Professionally managed by a leading Property management company.

PROJECTED CASHFLOW REPORT

2731 Clements St Detroit MI 48238 | Cashflowpositive.com
2731 Clements St Detroit MI 48238 | Cashflowpositive.com
2731 Clements St Detroit MI 48238 | Cashflowpositive.com
2731 Clements St Detroit MI 48238 | Cashflowpositive.com
2731 Clements St Detroit MI 48238 | Cashflowpositive.com

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2731 Clements St Detroit MI 48238 | Cashflowpositive.com
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