Brick Duplex Investment Opportunity in 48206

$67,000 • 4 Beds / 2 Baths • 2,256 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 4
  • 2
  • 2256
  • Detached Garage

Description

This brick duplex in Detroit's 48206 area offers two units, each with 2 bedrooms and 1 bath. Located in a neighborhood gaining attention for strong investor returns, properties here have seen after-repair values reaching up to $200K. This duplex is projected to rent for around $2,000/month after updates. The main work needed includes mechanical repairs, interior cosmetic updates, and porch restoration. With the neighborhood's growing appeal, this property is well-positioned for investors looking to add value in a market on the rise.


https://www.dropbox.com/home/Grail%20Homes/Leads/1%20Under%20Contract/Clairmount%203241-3243%20Detroit%2048206/Clairmount%203241-3243%20Detroit%20Pics


Estimated Spread

  • ARV $165,000
  • Price $70,000
  • Spread $95,000

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