11310 Balfour Road, Detroit, Michigan 48224, USA

A Great Investment Opportunity in Detroit, MI

Property Details

A classic single-family house featuring 3 bedrooms, 1 bathroom, and 1,362 sqft of living space on a 5,227 sqft lot with no garage.

• Roof: Old

• Furnace: Old

• AC: Not available

• Plumbing: Old

• Electrical Panel: Fair

• Water Heater: Old

The property will be delivered vacant at closing.

Investment Highlights

• Full brick exterior with great upside potential

• Large deck and fireplace add value appeal

• ARV range of $160K-$170K with strong comparable sales up to $200K in the area

• Comprehensive scope of work ($95K) already defined including sewer repair, roof replacement, electrical upgrade, complete replumbing, and potential for additional bathroom in basement

• Prime location close to major highways, roads, parks, and shopping

• Leaves approximately $28K equity spread for investor at asking price

Financial Summary

• ARV (After Repair Value): $160,000 - $170,000

A Wonderful Wholesale Opportunity!