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