You are probably thinking that this house was condemned by the state or something but it wasn’t. It definitely needed some work but with an estimated after repair value of approximately $80K and $35-40K required for repairs and taxes, it looks like a potentially good deal for the buyer.

It will be interesting to see what happens with this one.

ABSOLUTE AUCTION!

WINNING BIDDER OWN’S THIS PROPERTY!

USE “BUY IT NOW” AND GET THIS INVESTMENT
PROPERTY FOR JUST $7500
This is a “No Reserve” Auction – - Winning Bid Buys!!

Handy Man Special, Fixer Upper, Great Investment, Great Rental Property

Rehabber’s or Investor’s Dream Come True!!
Goldmine Opportunity!!
Incredible Cash Flow Opportunity!!
Perfect Investment Property!!

BELOW 70% ARV

This Detroit, MI property offers 4 bedrooms and 1.5 bath and has 1400 sq. ft. of living space.

This property as a rental can easily bring in $700-$800 per month!

Handyman’s Special: We have 2 rehab bids ($28k & $29.2k) so we estimate the rehab to be around $30k. This property does need work as the pictures show but once the rehab is completed, this will be a great property.

There are some back taxes due on this property of about $5-5.5k which the winner of this auction will be responsible for paying.

Move fast on this one. It WILL NOT last long!!

*** Note: This auction ended 26 May, 2008 so we missed it and you did too.

Click Here for More Detailed Information on
this Property or Our Other Available Properties

Learn the Secrets to Wholesale Real Estate Profits Online