Thursday, June 5, 2008

NO RESERVE! 4 BR/2BA Detroit MI - Great Rehab Property (SOLD)

You can buy it for $999 right now, so if you want it, fill out the contract below and contact me to send the deposit, and I will cancel the auction.

Just go here to see it now live on ebay...

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=200238380751



Address: 17175 Hamburg Street, Detroit, MI 48205

This Detroit 4 bedroom / 1.5 bath home boasts 1400 sq ft worth of space. This property as a rental can bring in $700-$800/month! As a rehab and flip you can be in this property for just pennies on the dollar. We have 2 rehab bids ($28k & $29.2k) so we estimate the rehab around $30k. There are some back taxes due on this property about $6k but the GOOD thing is we've priced this one with the taxes in mind. So purchase price + taxes + closing cost + rehab would be well under 50%!! Hey this is a Great house at at an EVEN Greater Price. Move fast on this one.

Documents:

Contract Instructions
Contract
Lead Based Paint Brochure
Appraisal
Title Insurance
Repair List 1
Repair List 2


Good luck and happy bidding!

Thanks again,

Ryan Oblander