20425 Santa Barbara Dr, Detroit, MI 48221

$13,000
3
BD
1
BA
1,328
SqFt

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Sold Price
$13,000
List Price
$20,000
Closing Date
Nov 09, 2023
MLS#
20230040475
Status
CLOSED
Bedrooms
3
Bathrooms
1
Total Square Footage
1,328
Subdivision
GARDEN HOMES (PLATS)

Property Description

Full rehab needed, but great upside as either section 8 or flip. Welcome to this exquisite property, a hidden gem nestled behind a curtain of magnificent trees and lush bushes. As you approach, a sense of enchantment takes hold, unveiling a picturesque setting that exudes natural beauty and tranquility. This house presents an exceptional investment opportunity for several reasons. Firstly, its prime location ensures high demand from potential buyers or renters, offering a strong rental income or a profitable resale value. Secondly, the property's timeless design and Finally, the potential for expansion or customization allows for further value appreciation and the ability to tailor the property to suit market trends and preferences. The option for a land-contract will also allow the investor to utilize a smaller investment in order to maximize funds for rehab. Land Contract Price is $29,000.00 BAO. Must have 620 credit score or higher. Comp1: 19928 Wisconsin sold for 165k 11/4/22 Comp2: 20418 Northlawn sold for 181k 10/18/22

Additional Information

Year Built
1922
Basement Type
Full, Unfinished
Foundation
Basement, Block
Acres
0.22
Style
Colonial
Acres
0.22
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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Courtesy of Home Negotiators LLC 3138221708

Selling Office: Home Negotiators LLC.

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