$57,500
2745 Norman St, Melvindale, MI 48122
Current Rent **
$995
Projected Rent **
N/A
Estimated Rent †
Estimated Rent Confidence ‡
Medium
Off Market Melvindale, Michigan $57,500
2745 Norman St, Melvindale.
One owner since 1962.
3 bed 1 bath, living room and another family/rec room.
On a crawl (no bsmt).
Good furnace, older AC unit.
Nothing needed on the outside.
Vinyl windows.
House across street sold for $113,000.
House down the street renting at $995.
Sales price $57,500 and buyer pays all closing costs.
Seller is leaving all their possessions for buyer to sell or throw out.
Additional Photos and Videos:
https://www.dropbox.com/sh/j14he9ucv6990bo/AAAzPqlx-QZitqJ6LdY5VPKua?dl=0
ROI Calculations:
https://docs.google.com/spreadsheets/d/1CexC-Kyi282gZJ1efn2MepSW2YZ4DEn8zS5lJFuswVc
Call/Text or Email Todd!
248-497-9195
Location:
2745 Norman St, Melvindale, MI 48122
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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