Property Description:
π‘π‘ OFF Market Property in Detroit 48228 (Near Southfield Freeway)
π‘ Address: 8290 Sussex Dr Detroit MI 48228
ARV: π° $105,000
Starting Price: π° $60,000
(57% ARV)
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Gross Margin:π° $45,000
Property Details:
π Beds/π Bath: 3B/1Ba
π‘ Property Size: 1028 sqft
π Lot Size: 3,659 sqft (Vacant Property next to house included)
π‘ Year Built: 1940
π΅Average Rent in the area: $1250-$1450
Asking Price: $60,000 (negotiable) π₯
π ARV: $105k - 115k
π¨ Est. Rehab: $20k - 25k (Exit Strategy Dependent)
Brick bungalow
Unfinished Basement
Newer Vinyl windows
Newer Furnace and HWT
Needs cosmetic work