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22498603 - Buy a Townhouse in USA, Michigan, Wayne County, Detroit

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Four bedroom house

Property Information

Type: Townhouse Property ID: 22498603
Location: Detroit, USA Added on: 15 Feb 2016
Price: £23,258

Short Description

This huge four bedroom brick house is amazing value at only $29,900 and also tenanted paying $800 per month.

Key Information

  • Property ID: 22498603
  • Location: Detroit
  • Property Type: Townhouse
  • Prices: £ 23,258 / € 26,253 / $ 29,900
  • Detatched
  • Garden
  • Suburban
  • Town
  • Basement

Full Description

This very large four bedroom house has recently been refurbished throughout . The property comes on a huge corner lot and has a full basement and large rear garden. There is a new tenant in place paying $800 a month. This property is under management by one of the leading Detroit property management companies.This property is located in Builders right next to the famous Old Redford Community. This is a nice family area with great schools and colleges, close by you have Renaissance High School, Old Redford Academy and Wayne County Community College.

 

Investment Details

 

$9,600 rent a year.
$960 management fee.
$1,633 taxes.
$500 insurance.
= 22% net return.

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Property Alerts

  • Townhouse
  • 4 bedrooms
  • USA
  • Detroit
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