OFF-MARKET DETROIT 2BR/1BA | 48219 | $54,500 | INVESTMENT PROPERTY - real estate - by owner - apartment real estate...

OFF-MARKET DETROIT 2BR/1BA | 48219 | $54,500 | INVESTMENT PROPERTY

Asencio Home Solutions

Off-market single-family investment opportunity in Detroit, Michigan 48219.

PROPERTY

• 2 bedrooms

• 1 bathroom

• Approximately 975 sq. ft.

• Single-family residence

• Off-street driveway parking

• Property is being offered as an assignment of contract

• Sold AS-IS

SELLER-REPORTED UPDATES

• Roof reportedly replaced in 2025

• Plumbing reportedly replaced in 2025

• Electrical reportedly replaced in 2025

• HVAC reportedly replaced within the last 10 years and reported to be in good condition

• Seller reports no major replacements are currently needed

DEAL TERMS

• Assignment price: $54,500

• Estimated cosmetic repairs: $8,000–$15,000

• Estimated ARV: $120,000–$130,000

• Inspection period: 10 days from contract signing

• Closing on or before October 13, 2026

• Proof of funds required

• $5,000 earnest deposit due at signing

• Balance due at closing: $49,500

INVESTOR INFORMATION

Recent nearby sales include renovated 3-bedroom properties that have sold in the $130,000–$167,000 range. The ARV stated above is an estimate and should be independently verified by the buyer.

This opportunity may be suitable for a Detroit investor, flipper, or buy-and-hold investor. Buyers should perform their own inspection, due diligence, repair estimates, title review, and valuation.

PROPERTY ADDRESS

The exact street address is not being displayed publicly in this advertisement. The property is located in Detroit, MI 48219. Address and available due-diligence information will be provided to qualified prospective buyers.

SERIOUS INVESTORS ONLY

Proof of funds required.

For additional information, please contact us through Mail Relay with your name, company name (if applicable), and a brief description of your investment experience.

Assignment of contract. Property sold AS-IS. Buyer to independently verify all information.