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22754364 - Buy a Townhouse in USA, Michigan, Wayne County, Detroit

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Three bedroom house

Property Information

Type: Townhouse Property ID: 22754364
Location: Detroit, USA Added on: 01 Mar 2016
Price: £22,614

Short Description

This large three bedroom brick house is amazing value at only $29,500 and tenanted paying $700 per month.

Key Information

  • Property ID: 22754364
  • Location: Detroit
  • Property Type: Townhouse
  • Prices: £ 22,614 / € 26,010 / $ 29,500
  • Detatched
  • Garden
  • Suburban
  • Town
  • Basement

Full Description

This large three bedroom house is ideally located in the heart of Cornerstone Village, right next to East English Village.The property is in a great condition and was only refurbished in 2013 including a new roof. The property has great tenants in place paying $700 a month.This is a great rental property and is under management by one of the leading Detroit property management companies.This property is located in Cornerstone Village which is a great location in Detroit, it is right next to East English Village, Grosse Pointe Farms and Harper Woods. This property is perfectly located for long term renting.

 

Investment Details

 

$8,400 rent a year.
$840 management fee.
$1,950 taxes.
$500 insurance.
= 17% net return.

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Property Alerts

  • Townhouse
  • 3 bedrooms
  • USA
  • Detroit
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