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Just let us know what’s on your mind and we’ll get back to you faster than you can say "No commission"!
Available when you are
Just let us know what’s on your mind and we’ll get back to you faster than you can say "No commission"!
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$155,500 $37/sf Earn $3,110
$155,500
Credit Back up to $3,110*
$37.02/sf
Active - House for sale
The property received one of our full jumbo deluxe rehab packages that includes new roof, one additional full bathroom, 2 additional bedrooms plus an attic conversion into a very spacious master bedroom. Renovations include new breaker panel, new meter can, new wiring, new junction boxes, new grounded service line, new plugs, new gcfi’s, new switches and switch covers, all new LED lighting, new fans, new fixtures. All new plumbing, with new cleanout, all new pex lines, all new PVC stacks, new drain lines, new vanities, new faucets, newly restored claw foot tub, new toilets, new kitchen sink. New countertops and cabinets. All new tile flooring as well as all new restored hardwood flooring. New HVAC units. All new ductwork. New HWT. New gutters and downspouts. All new interior and exterior paint. New blinds, security camara, flood lights and much more. With the size of this property and the A+ restoration level surrounding comps will put this property value easily upwards of $155K. It will appraise all day long at this price. Not to mention the solid government section 8 rent thats wired into your account every month like clockwork. At $2280 (6 bedroom voucher from state run section 8 agency) a month it puts this investment property with a 18% annual return on investment. Average stay for section 8 tenant in Detroit is 5-8 years. We have housed over 100 section 8 tenants in the passed 5 years and have excellent relationships with the top run Michigan Section 8 agencies. We have a turnkey operation here in Detroit and own dozens of properties. We are buying and selling properties all year round and currently have multiple crews consisting of dozens of contractors/workers working on our properties daily. We also have our own in-house management company that takes excellent care of our Out-Of-State and Out-Of-Country Clients. For deals like this, cash buyers or DSCR loans are favored. We also have an amazing local lender who specializes DSCR loans as well as Detroit Section 8 rental properties if you need a referral. This property has a full free and marketable Warranty Deed and will be delivered by Title Company at closing.
Hospital
Pharmacy
Veterinary
Store
Pet Store
Restaurant
Bar
Gym
Parking
Gas Station
Airport
Bank
Bus Station
Fire Station
Police
Post Office
Park
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Status: Active
Listed Date: 10/29/2024
Days On Market: 83
Year Built: 1915
Parcel Number: 16032547.
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Antoni Paris, Jacksonville, Fl
Great experience great service and very professional people thank you very much for your help and I will use your service in the future. Thanks again. Antoni
June M. Jacksonville, Fl
You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2016
Barbara Bezerra, Miami, FL
The service that was provided by you and you're broker has been outstanding!
Thank you
Ndakhte N. Oakland Park, FL
Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...
Marc & Staci K., Loxahatchee, Fl
Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.
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