• BAYLIS DETROIT, MI 48221

  • 5 Baths 5,352 SqFt
  • Vacant Land / REO Foreclosure

Property Details for BAYLIS St, DETROIT, MI 48221

Features

Facts

Sale Type

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Description

Great Investment opportunity to be the owner of this beautiful 5 unit apartment building that is completely updated with energy efficient appliances, new furnace and hot water tank. No repairs needed unless you want to do some. The unit is totally occupied with good tenants. This is your oportunity to keep the units as rentals or convert to condos with the city of Detroit approval...Owner is ready for the next chapter. No shows until an offer is accepted. Close to all expressways, 15 minutes from downtown, and 20 minutes from the Detroit Airport...EMD held at List agent title company BATVAI...A DSCR Loan will be perfect for this property...n n

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Property Brokerage: National Realty Centers 116 W Main St Northville MI 48167
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.