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Updated almost 8 years ago,

User Stats

94
Posts
35
Votes
Jim Bowser
  • Flipper/Rehabber
  • Chesterfield, MI
35
Votes |
94
Posts

GREAT OPPORTUNITY TO INVEST IN DOWNTOWN DETROIT, MICHIGAN

Jim Bowser
  • Flipper/Rehabber
  • Chesterfield, MI
Posted

      GREAT PROPERTY AVAILABLE IN DOWNTOWN DETROIT’S NEW CENTER AREA

                                                         OFF MARKET

Location! Location! Location! This gorgeous brick “Craftsman” style home in one of the most sought after redevelopment areas in the city (New Center Area)! This prime property is located within walking distance to the Henry Ford Hospital, Motown Museum, Sports Arenas, Convention Center, shopping, freeways and much more!

7409 POE ST, DETROIT, MI 48206 LARGE “CRAFTSMAN” STYLE HOME

$75,000.00 “CASH ONLY” DEAL.

Built in 1914. Existing 3/1.5, 2040 Sq. Ft., not including a very usable basement and 3rd floor attic

Possibilities: Up to 7 bedrooms, 3 Bathrooms - depending on your design and the plan you have!

TWO OUT OF THE FOUR ROOMS ON THE 1ST FLOOR COULD BE GREAT BEDROOMS, 3-4 BEDROOMS ON 2ND FLOOR, ADDITIONAL SPACE FOR BEDROOM AVAILABLE IN LARGE ATTIC, AND BASEMENT GREAT AREA FOR ENTERTAINING. STILL A LARGE ROOM ON 1ST FLOOR AVAILABLE FOR ENTERTAINMENT AND ANOTHER ROOM FOR THE KITCHEN.

Many possibilities: Could be a SFH or SFR, OR could be multiple room rental with common kitchen and bathroom OR

VALUE COULD BE EXTREMELY HIGH AS AN AIRBNB HOME GIVEN THE AREA

NEXT TO THE SOUGHT AFTER NEW CENTER AREA, ACROSS THE STREET FROM HENRY FORD HOSPITAL

*JUST DOWN THE STREET FROM MOTOWN “HITSVILLE’ USA, FISHER BLDG, AND CENTRAL DISTRICT.

*MINUTES FROM CONVENTION CENTER, DOWNTOWN DETROIT, AND SPORTS FACILITIES FOR THE TIGERS, LIONS, RED WING AND PISTONS.

*MUCH SOUGHT DEMAND FOR NIGHTLY AND SHORT-TERM LODGING IN DOWNTOWN AND NEW CENTER AREA

Solid Structure and well maintained exterior – needs exterior painting to bring original colors back

House has been emptied out and is ready to be rehabbed to your plans.

Exterior and interior photos:

https://www.dropbox.com/sh/suqplls4i8xcecj/AABftq6-JBeZ2V35rFpVmwgma?dl=0

**NOTE** To view recent economic development in the New Center area of Downtown Detroit, google Motown Museum expansion and Detroit Pistons/Henry Ford Hospital development.

Seller will provide a Warranty Deed. Must show proof of funds. Must have a $5000.00 non-refundable earnest money on deposit with the title company along with a signed assignment contract. Sold “as is”. Buyer would be purchasing my assignable interest in the property. Contact the undersigned for a showing of the property.

Jim Bowser - Property Solutions Team, LLC - [email protected] - (586) 242-6238

Offering

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