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Property Sales - 27987810 - Townhouse in USA, Michigan, Wayne County, Detroit

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Four bedroom house

Property Information

Type:
Property ID:
Location :
Added On :
Price :
Townhouse
27987810
Detroit, USA
30 Apr 2017
£ 39,395 / € 44,605 / $ 49,900

Short Description

This huge four bedroom multi unit house is a rare find at $49,900 and also tenanted.

Key Information

  • Property ID: 27987810
  • Location: Detroit
  • Property Type: Townhouse
  • Prices: £ 39,395 / € 44,605 / $ 49,900
  • Detatched
  • Garden
  • Suburban
  • Town
  • Off Street Parking

Full Description

This huge multi-family colonial house is split into two very large two bedroom apartments. One apartment is currently tenant occupied by a great long term tenant and the second apartment has just been made rental ready, the management company are already screening tenants for placement. The vacant apartment also comes with a one month rental guarantee which will be paid to you on closing. This property is exclusive to Global Investments and is under management by one of the leading Detroit management companies.This property is located in the popular area of Barton-McFarland which is close to Dearborn and is only five miles from the famous University District, it is also less than seven miles from Downtown Detroit, this area has lots of schools and great local amenities.

 

Investment Details

 

$13,200 rent a year.
$1,320 management fee.
$764 taxes.
$800 insurance.
= 21% net return.

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Property Alerts

  • Townhouse
  • 4 bedrooms
  • USA
  • Detroit
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