Solid BRRRR Opportunity in Hot Ferndale Market

[Rob McGraw]

Grab this before it hits the MLS. Home sits on a 1.5x lot. Approximately $12,500 in updates will bring this home to market quality. This neighborhood has stable 2/1 rental comps between $1,000 and $1,200 / month.

2069 Annabelle - Rented $1,200 / month 3/23/18

2001 Woodward Heights - Rented $1,050 / month 10/18/17

2144 Browning - Rented $1,150 / month 6/28/17

Current tenants have been in place since 2005, and the owner hasn't raised rent since. They are on a month-to-month lease, and will vacate prior to close. New water heater & furnace 2013, roof is approx. 10 years old.

Click the link below for my art gallery-worthy pictures:

https://drive.google.com/open?id=1xYNmOZVyj1NSU4bn...

Feel free to give me a call if interested! 248.534.7892