$155,000
Pending

13004 THOMSON STREET

Highland Park, MI 48203
6806 sqft | 10 baths | #20240005952
Browse 13 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

***Seller has dropped the price to rock bottom to make a deal this week*** Attention investors. Come and take a look at this great redevelopment opportunity located in Highland park. This building has undergone a full clean out and preliminary demo. The seller also installed a completely new roof from the plywood up. It was a full torch down replacement at a cost of $50,000. All of the debris has been collected and hauled away. This property is ready for plumbing, and electrical, as well as windows. There are 4 units per floor and 2 basement units for a total of 10 units. There is a projected rehab cost less than $200k to complete this project with an ARV of $550,000-$600,000. This property is also located between 2 MSHDA Opportunity Zones, so it is a prime redevelopment area. Come and take a look today!

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths10.00
      • Bathrooms10
      • Full Baths10
  • Property Details
      • Square Feet6806
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1925
  • Community and Neighborhood Details
      • School DistrictHighland Park
      • RegionHighland Park
      • ZoningMulti-Family
      • CountyWayne
  • Financial Details
      • Original List Price$249,900
  • Other
      • MLS #20240005952

Location

Joseph DarwishRe/Max Platinum
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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