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$125,000

Beds
3
Baths
1.5
sq ft
1,715

3751 Leslie St, Detroit, MI 48238

3751 Leslie St

Detroit, MI 48238

  • <1 day on market
Opportunity Knocks!! This cash flowing investment property is priced substantially below market value and has an after-repaired/updated value exceeding $200k+. Currently utilized as a four-bedroom residence, the property includes an addition at the rear, which significantly increases the square footage, maximizing your investment potential. The needed renovations and below-market rent of $950 per month present an exceptional opportunity to add value and generate significant returns. Schedule a viewing today to explore this lucrative investment opportunity.

Details

Property type

Single Family Residence

Est. home value

$93,039

Lot size

5,227 sq ft

Price per sq ft

$73

Year built

1954

Annual property taxes

$2,131

Price History

09/29/2024
Realcomp

Realcomp #20240073307

Listed
$125,000
+278.79%
12/21/2018
Realcomp

Realcomp #218108315

Sold
$33,000

Schools & Community

Neighborhood: 

Russell Woods

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ameritrust Mortgage Co

Loan start date

January 2006

Original loan amount

$148,000

Est. remaining balance

Not provided

Interest rate

9.99%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

George Edgerson

Lender

Ameritrust Mortgage Co

Loan start date

January 2006

Original loan amount

$148,000

Est. remaining balance

Not provided

Interest rate

9.99%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

George Edgerson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/29/2024 at 11:25 PM

Listing updated: 09/29/2024 at 7:51 PM

Listed by: James Munro, Gateway Property Group Phone #: (586) 630-7470

MLS: Realcomp #20240073307

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