20165 Irvington St, Highland Park, MI 48203

Details: 

🛏️ Beds: 3

🛁 Baths: 1

📐 Living Area: 873 sq. ft

📐 Lot Size: 3,485 sq. ft

🏢 Year Built: 1939

• NEED NEW WINDOWS AND AC.
• OTHER THAN THAT ALL REPLACED INCLUDED ROOF.
• SELLER ALREADY SPENT 35K FOR UPGRADES
• STAINLESS APPLIANCES.
• NO FOUNDATION PROBLEM.
• NO BASEMENT.
• NO PLUMBING ISSUE.
• 2 STORY HOUSE. 

CONTRACT PRICE: $33,000

EST. EXPENSES: $35,000

AFTER RENOVATION VALUE: $115,000

EST. TOTAL PROFIT: $47,000

Does the market support the Sales Projections?

🏘️ Comps:

#1 - 20179 Irvington St, Detroit, MI 48203

3 bd 1 ba - 1,050 sqft

Sold : $112,000 Sold on 10/13/23  

Exit: Assignment. Assigned to an investor for $35,000 and collected $2,000 assignment fee

Paperworks:

Purchase & Sales Contract

Assignment Agreement 

Closing Statement