Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 12 years ago on .

User Stats

654
Posts
115
Votes
Aaron Yates
  • Investor
  • Macomb, MI
115
Votes |
654
Posts

Great Warren Property For Rental $31,000 3 bed 1 bath 1064 sqft

Aaron Yates
  • Investor
  • Macomb, MI
Posted

I have a great property that just needs some final touches. Currently owner occupied and looking to sell for cash.

Asking $31,000 and buyer pays all closing and transfer tax costs. Advertised at $35,000 on my website.

10 Mile and Hoover in Warren. 1 mile from my house. Neighboorhoods are very nice and quiet.

3 bed

1 bath

1064 sqft

No garage or basement is the downfall.

House is beautfully landscaped in front. Has fenced in backyard and attached screened-in back porch.

Items needed: estimated at $5000 if hiring contractors. $3000 if you have a full time crew on hand already or maybe less if you do the work yourself.

  • Crown Moulding finished
  • Lighter paint in bath and bedrooms
  • Patch, paint and flooring in laundry room
  • Maybe build a garage
  • City Certs - Final Inspection is scheduled for October 25th.

I have personally walked this property and it is completely liveable aside from waiting on the final inspections. Owner is currently living there.

Numbers:

Rent $850 - $900

Insurance $50

Taxes $130

Management $85-$90

Estimated closing costs and fees $2500

Owner is asking for 30 days to vacate if possible.

Click on photo for a larger view.

You can also see it on my website at the following link:

http://www.ckiproperties.com/#!hoover--10-mile/c1jws

or email me and I will send you an investor report in pdf format.

Thank you.