11461 Sanford Street, Detroit, MI 48205

Property Description

Renovated duplex offered fully vacant and move-in/rent-ready, featuring updated interiors and mechanicals. Roof is approximately 9 years old; seller is aware of approximately six missing shingles. Seller is offering concessions of up to 2% of the purchase price, subject to lender approval and applicable guidelines, which may be applied toward allowable buyer costs.Per seller, estimated market rent is approximately $1,100 per unit/$2,200 total per month. Seller also has investment financing projections available indicating estimated PITI of approximately $1,100/month and estimated cash required to purchase of approximately $32,000, based on certain financing assumptions.All rental, financing, expense, and return figures are estimates only and are not guaranteed. Buyer and buyer’s agent should independently verify rental income, expenses, financing terms, property condition, and investment performance.