OfferMarket

14824 Flanders St, Detroit, MI 48205, USA

$20,000

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APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

šŸ”„ Detroit Heavy Rehab Opportunity | Low Entry, Strong Rental Market

šŸ“ 14824 Flanders St, Detroit, MI 48205

šŸ’° Assignment Price: $20,000
šŸ“ˆ ARV: $105,000 ā€“ $119,000
šŸ  3 Beds | 1 Bath | Brick Colonial | Basement

šŸ  Property Overview

Off-market opportunity in the Outer Driveā€“Hayes area, a high-demand rental pocket in Detroit. This 1939 brick colonial features a classic layout with separate living and dining areas, plus a full basement.

The property is a full rehab project, making it ideal for experienced investors looking to create value through a complete renovation.

šŸ”§ Condition

  • Heavy rehab required

  • Full updates needed: mechanicals, plumbing, electrical, and cosmetics

  • Sold as-is

šŸ“Š Investment Highlights

  • Strong rental demand in 48205 (~$1,250/month potential)

  • Solid resale comps between $105Kā€“$119K

  • Low entry point with significant upside

  • Classic brick structure with good renovation potential

āš ļø Important Notes

  • Subject to Detroit Land Bank (DLBA) transfer approval

  • Buyer to assume any outstanding water and blight liens

  • Assignment of contract (selling equitable interest)

šŸ“Œ Terms

  • Cash only

  • EMD: $2,000 (non-refundable)

  • Fast close preferred

šŸ“ž Contact: (253) 306-1302
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