OfferMarket

2935 W Philadelphia St, Detroit, MI 48206, USA

$64,900

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

🔥 Turnkey Detroit Brick Rental – DSCR Refi Upside

📍 2935 W Philadelphia St, Detroit, MI 48206

4 Beds | 1 Bath | ~1,400 SqFt Living
🏡 Brick Single-Family | Built 1924
🚗 Driveway | Full Basement

This solid brick Detroit rental is nearly turnkey with major systems fully updated, making it an excellent candidate for a buy-and-hold with DSCR refinance upside. Only minor finish work remains.

🏡 Major Updates (Already Done):

  • New furnace

  • New water heater

  • New electrical panel

  • New ductwork

  • New plumbing

  • Clean kitchen

  • Updated bathroom

🛠️ Remaining Items (Minor):

  • Drywall touch-ups

  • Flooring in 1 bedroom

  • Install vents throughout

  • Trim pieces

📊 Nearby Comps:

  • 3280 Montgomery St – Updated → $152,500

  • 2635 W Philadelphia St – Updated → $142,606

  • 2923 Gladstone St – Outdated → $117,800

  • 3265 Gladstone St – Outdated → $116,654

These comps support strong as-is and refi value once minor items are completed.

💡 Why This Deal Works:

  • Turnkey systems = low CapEx risk

  • Minor finishes → quick stabilization

  • Brick construction + full basement

  • Ideal for DSCR refinance, buy & hold, or light flip

🔥 Clean rental with upside — perfect for investors looking to deploy capital efficiently. Submit your offer today.

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