CASH or Land Contract acceptable with 50% down
Here is a condo that would make a GREAT RENTAL. With taxes, HOA's and insurance your bills would come to about $200/month. They have been rented in this complex for $825-$850. You could get it a little under $40k too.
I bet the listing broker (who owns my office) a bottle of scotch that it wont sell for $40k or above. So bring those offer sunder $40k now and collect your cashflow.
Could use a little updating, but it is also rent ready, and is in the same condition all other condos are in that complex.
Comps from this year are $35,000 and $39,000.
Come get this bad boy!
Got any flips outside Detroit ? Send them my way
I'm interested in similar deals. Would you please forward more info about this, even if it is not still available? Thanks.