MI > Wayne > Detroit > 15926 Linwood St
  • 2 Units
  • 2,400 SqFt
  • MLS# 2200024141
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248-304-6700

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This is priced to sell----this home has more than meets the eye......you could actually make this a 2 3 bed units and 1 2 bed unit increasing you NOI....this is a full rehab projected to be around $35000 to 40k depending on your ability to purchase material and control of labor cost. If you are a novice or new to the game, this is not for you. Experienced investor can turn this around on the lower end and make bank! Even after the rehab and the cost of the structure you still end up with equity in the structure. Win Win!!! Remember--this is a HOLD not a FLIP---price is firm as the completed project your return will be solid--$950 to $1050 per unit and with the bonus unit another $550 per month--bringing this unit to a comfortable to a $2450 to $2700 per month or up to $32,400.00 per year ROI....How do you not win with this project? QCD only CASH ONLY--BUYER TO USE SELLERS CLOSING AGENT - Buyer to assume all back taxes and water

Property Information

Status
Active 
Address
15926 Linwood St 
City
Detroit 
Zip
48238 
Year Built
1926 
Style
Colonial, Duplex, Split Level 
Possession
At Close 
Architecture
2 Story 
Listing Date
04/16/2020 
Subdivision
Robert Oakmans Puritan Park (plats) 
County
Wayne 
Above Grade SqFt
2,400 
Total No of Units

School Information

School District
Detroit 

Taxes

Summer Taxes
$979 
Winter Taxes
$100 

Rooms and Land

Lot Dimensions
30.00X118.00 
Total Acres
0.08 

Features

Style
Colonial, Duplex, Split Level 
Basement
Common 
Heating
Baseboard, Natural Gas 

Mortgage Calculator

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annual
annual

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200024141 Jan 2 2021 5:36PM $28,000 $35,000 207
2200024141 Active Pending Nov 10 2020 6:06PM $35,000 $25,000 207
2200024141 Pending Active Aug 31 2020 8:37AM 207
2200024141 Aug 15 2020 10:22AM $25,000 $30,000 207
2200024141 Active Apr 16 2020 10:35PM $30,000 207
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of Hale Realty
Office Address 2724 S Newburgh Rd

Real Estate One Family of Companies

15926 Linwood St Detroit
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$28,000
For Sale • No. of Units: 2