|
|
|
|
|
Detroit real estate: A bargain home or a money pit?
|
|
 |
This Link is located in the Public Channel MyProps.org Main Channel.
Posted by PhilH 124 days ago (money.cnn.com).
Views: 40 |
|
(Money Magazine) -- For a foreclosure, the house at 15461 Kentfield St. in Detroit needed surprisingly little work. The new owner, an investor from the Chicago area named Kevin Holmes, slapped on a coat of paint, pulled up the dirty carpets, and replaced the stolen water heater. The car stashed out back, he learned soon enough, belonged to a neighbor, not a thief using the three-bedroom as a makeshift chop shop.
The simple brick home really wouldn't look out of place in any middle-income Midwestern neighborhood. But in distressed Detroit, the Kentfield house sold for less than half the sticker price on a new Chevy coupe: $6,900.[Continued]
View Original Article
< Prev Item | Next Item >
|
|
|
|
|
|
MyProps.org Main Channel (7,418 Links)
|
|
 |
Created by ian 2 years 337 days ago in Other.
Views: 6,408. Link Views: 314,915 |
|
The official MyProps Channel for general / miscellaneous content. Submit anything you want, other than spam. (Adult content not allowed here, please use the Main Adult Channel.)
[More...]
|
|
|
|
|
