Detroit Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Help, I have property in DetroitC -C Class
Hi, I have potential to inherit C class property on the Eastside of Detroit. I have no idea what to do with it. I don't want to sell, as its been in the family for over 60 years. I can't seem to find any information of property developments in the area to determine if the area has potential value. The property is a 2 family flat 2 beds, 1 Bath in each unit. It also has 2 lots connected as well as 2 lots across the street. Currently occupied by family. I may need to put 50k in repairs into it. I feel there should be more I can do with it than just rent it. Any ideas...any seasoned investors or developers on the site that can assist?