$12,000 O.B.O. 2 FAMILY FLAT LOCATED IN DETROIT, MI *RENOVATIONS REQUIRED Great Investment Opportunity. 2 Family Flat Minutes from bus routes, golf course, park,shops, and restaurants. Asking $10,000 O.B.O. In the right hands it's worth so much more. THIS GEM NEEDS TO BE REHABBED TO FORCE ITS APPRECIATION. The property next door is valued at over $135,000 (664 W. Hollywood Detroit,MI 48203). Please Note Zillow has the right information, but the wrong photo of the property. PROPERTY INFO Address: 668 W. Hollywood Detroit, MI 48203 Property Type: 2 Family Flat 2,200 sq ft, 2 bedrooms, 1 bath in each of the 2 units. Plus a full basement. It features Hardwood floors and a fireplace. This unit requires cosmetic renovations to update the unit. Lower unit renovation was started but not complete. This unit requires a full renovation. This unit has hardwood floors, private access and more. Financial Information Price: $10,000 O.B.O. * 2022 Tax Assessment Valued Over $18,000 Estimated Property Value After Repairs: $100,000 The property next door is valued at over $135,000. 664 W Hollywood Detroit MI Post Renovation Generating Range: $15,600 - $18,000/Annually (Before Taxes) Current Taxes: $1,693/Annually Current owner originally purchased this property with plans to fully renovate and tenant occupy, but unfortunately has faced personal hardships that has forced them to sell. Owner has a Warranty Deed, but due to their hardships This property will be transferred via Quitclaim Deed due to back property taxes (roughly $4k). Here's a list of what the new owner will receive Quitclaim Deed (2022) Current Warranty Deed (2019) Buyer Settlement Statement (2019) Seller Settlement Statement (2019) Owner Affidavit (2019) Bill of Sale (2019) Please feel free to contact Me with any Questions or Interest You may have Kirk
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