Farmington Hills Rehab Deal Profit $25K+

[Barima Opong-Owusu]

23329 Elmgrove St

Farmington Hills, MI 48336

Purchase Price ~ $145,000

After Repair Value: $205-215,000

Farmington Hills Rehab Property
This 1996 Farmington Hills colonial is a 3 bed 2.5 bath home with a finished basement. The home has an open 2 story living room, nice sized dining and kitchen area on a huge lot. It has a 2 car garage and finished basement. It is located on the end of a cul-de-sac in a beautifully wooded neighborhood. It is in the Farmington Hills school district.

Repairs:
Repairs are estimated at close to $20,000 depending on the level of rehab.
, landscaping, deck restain and replace some rotted boards, interior painting and wall patchinig, flooring (replace the carpeting), kitchen countners, bathrooms require some updating.

Detailed Repair Analysis

Pictures:

CLICK FOR PICTURES

Value:
ARV of this home is $205-215K

Sold Comps:

Rehab Analysis

24180 Scott Dr

$220,000

07/23/2014

3

3.0

1,972

14,374

1978

$111

0.50

29762 Linden St

$224,465

08/26/2013

3

3.5

1,856

62,726

1990

$120

0.53

23183 Elmgrove St

$205,000

04/23/2014

3

3.0

1,600

20,473

1995

$128

0.08

Inquiries/Access: Please call Barima @ 248-384-8644 to discuss interest in home