5/2 Double Fam House in Detroit Shoreway for $29,000
This is a 5/2 double family (2 units) house situated in the Detroit-Shoreway area of Cleveland. The property is currently vacant which allows immediate work & upgrades to be done to get ready for maximum return on investment (ROI). The house is in good overall shape and the options are open on how far you want to go with the upgrades.
The property is in higher than average appreciating area in the highly sought after "Detroit Shoreway" which inherently has large upsides. If you look at the values around this area, it is in a pocket that is due for a very likely significant jump in appreciation. Also a great area to fix and rent. When factoring an estimated $15,000 in repairs, closing costs an all expenses, there is excess of 20% ROI.
The property also has a good opportunity to fix and flip with larger quicker profits. It all depends on what investment strategy you're looking for.
Text or call Daniel at (323) 905-2897 to get this property locked up.
And for more information, please click the link below.