Contractor special! This is a four unit building that is structurally solid but requires repairs to bring it to rental status. Would make an excellent flip, rental, or BRRR property. The municipality requires that the new owner will need to convert the property into a 2-unit (which could likely convert the property to two 4/2 units. The seller prefers a cash offer but would consider a land contract with the following terms: $25, 000purchase price, $10, 000down, $440/month, 10% interest, 24 month balloon. Seller is a licensed broker in the State of Michigan.
Protect Yourself FromRental Scams
While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow
expert tips to reduce the risk of fraud when renting a new apartment.