Piper Partners
912 N Main
Ann Arbor, Michigan 48103
Email: andy@piperpartners.com
Find or sell your home today!
(734) 822-7496I’ve got a move-in ready opportunity in a strong rental and resale pocket of Detroit that your cash buyer will love:
3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928
Newly Renovated Ready to Close
Asking Price: $115,000
Why this is a winner:
Strong rental comps & resale demand in the area
Fully renovated = no rehab headaches
Great ROI potential for investors or a turnkey addition to their portfolio
If you have a serious cash buyer, this is the one to put in front of them today. Properties like this don’t sit long. ( ACT FAST ( Hot deal in a strong rental and resale area. This won’t last!
=Ã Address: 9200 King Richard St, Detroit, MI 48224
<á Property Type: Fully Renovated Brick Single Family Home
=Ã… Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ã Sq Ft: 1,310 sq ft
Lot Size: 5,663 sq ft
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=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
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=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
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= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
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=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: jctrealestateinvestments@gmail.com
| District | Detroit |
| Year | 2024 |
| Total Tax | $2,809 |
| Assessment | $19,293 |