7681 Ellsworth St, Detroit, MI 48238

Single Family / 3 Bedroom(s) / 1 Bath(s)

Property Status:  For Sale | $48,000.00 (Wholesale) | 


Property Photos


Off Market Investment Opportunity in Detroit 48238 | Great Rental Potential!


Property Status:
For Sale | $48,000.00 (Wholesale)
Property Details:
Single Family / 3 BR / 1 BA
Property Style:
1-Story
Year Built:
1924
Finished Sq Ft:
704
Garage:
1 Car Detached
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
N&N Metro Investments LLC
(248) 825-1076

View on Individual's Website
Property Description:

This bungalow home features: 3 bedrooms, a nice kitchen, dining room and living room with hardwood floors. It is a Fixer upper with a solid structure. Needs kitchen and bath renovation to attain renter. Property is close to convenient stores and restaurants. Will easily command $1000-$1200 in rent and provide a great investor cash flow.

•Selling our assignable interest.
•Buyer pays all closing costs.

BUYER IS RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE. WE MAKE NO CLAIMS ABOUT THE HISTORY OR CONDITION OF THE PROPERTY!!

Property Details:

πŸ›  Beds/πŸ› Bath: 3B/1Ba
🏑 Property Size: 704 sqft
πŸ“ Lot Size: 3,049 sqft
🏑 Year Built: 1924
πŸ’΅Average Rent in the area: $1000-$1200

OPTION 1:
Asking Price: $48,000 (Cash Only) πŸ”₯
πŸ“ˆ ARV: $90,000
πŸ”¨ Est. Rehab: $10k-15k (Exit Strategy Dependent)

or

OPTION 2:
πŸ“ˆ Land Contract: $60,000
πŸ’΅ Down Pymt: $27,000
πŸ’΅ Monthly Pymt: $550 x 60 months (0% interest)

DISCLAIMER: This contract is being offered for assignment; this has been communicated to the Seller and the contract has been certified with the Register of Deeds. This is a legally binding purchasing contract. This company does not represent the owner. Please complete your own due diligence prior to submitting an offer. We are NOT realtors or brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. We do not give the right to market this property without our written consent.



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. 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. Ohio Real Estate Investors Association is not responsible nor will be held liable for the property or the information listed here.

Ohio Real Estate Investors Association 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.

www.OREIA.com  (Ohio Real Estate Investors Association) does not give legal, tax, economic, or investment advice. OREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

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Ohio Real Estate Investors Association
3707 Warsaw Ave.
Cincinnati, OH 45205
(513) 655-3999

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