19934 GLASTONBURY ROAD
Detroit, MI 48219
677 sqft | 2 beds | 1.5 baths | #20240052001
Description
This charming single-family home offers a fantastic investment opportunity with its affordable cash to close requirement of just $12,000, which includes all closing costs and assignment fee. The property is subject to an underlying mortgage balance of $28,734 with a manageable monthly payment of $376 at a 4.875% interest rate. Great payment term, instead of paying straight the amount of $40,734
While the property does need a new roof, there is a possibility of making an insurance claim for the replacement. The home has updated electrical and plumbing systems, ensuring safe living conditions. This property is expected to generate a monthly cash flow of $600+, making it a lucrative investment.
FOR SALE ON ASSIGNMENT ONLY. Title is clear with Title Inc, warranty deed transfer. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including: transfer taxes, title insurance, closing fees. Any water or taxes owed will be paid at closing by the seller. Sold AS IS - BATVAI to verify all information listed. This property is being sold as-is for the current list price. However, please ask the seller's agent for details about possible renovations that the seller is willing to do if the cost of the renovations is added to the purchase price.
Location
Legal
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Listing Courtesy
Listing Agent: TJ Brisbois (#2432631)
Listing Office: Wise Property Buyers (#432734)
