17350 Cooley Street

Property Description

A straightforward BRRRR or flip opportunity in Detroit’s 48219, just off Lahser and Grand River. This 1,137 square foot two-story brick bungalow was built in 1940 and has already been gutted and cleaned, with a brand new roof in place. The heavy lifting on the shell is done — roof, HVAC, and plumbing all check out in good condition, leaving cosmetic finish work as the primary scope.

Estimated after-repair value runs $100,000 to $125,000, with projected rents of $1,200 to $1,350 per month once complete. The property sits on a 0.39 acre lot in the Detroit school district, is currently vacant with possession at close, and taxes run roughly $1,303 per year. Cash terms.

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