Medhead.com

25118212 - Buy a Townhouse in USA, Michigan, Wayne County, Detroit

  • This property has been added by Synergy Property Investments (Global Investments Incorporated)
  • For further details contact the advertiser directly using the form at the bottom of the page
  • Tick the tickbox at the bottom of the page for automated alerts when similar new properties are added
  • Opt in to contact from partners offering foreign currency, overseas mortgage, or legal services
<< Back to search results

Five bedroom house

Property Information

Type: Townhouse Property ID: 25118212
Location: Detroit, USA Added on: 05 Aug 2016
Price: £39,434

Short Description

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

Key Information

  • Property ID: 25118212
  • Location: Detroit
  • Property Type: Townhouse
  • Prices: £ 39,434 / € 44,097 / $ 49,900
  • Detatched
  • Garden
  • Suburban
  • Town
  • Off Street Parking

Full Description

This large multi-family home in Detroit has to be the best property on the market today. It is located in one of the best areas in Detroit, Grandmont Rosedale. This property is split into two very large apartments, you have a three bedroom apartment downstairs and a two bedroom apartment upstairs, both apartments are currently occupied by great long term tenants. This property is currently under management by one of the leading Detroit property management companies.Grandmont Rosedale is viewed as one of the best areas in Detroit and has its own Development Corporation who take care of the local parks, tree-lined streets and local shopping area. The area also contains some of the best schools and colleges in Detroit.

 

Investment Details

 

$13,800 rent a year.
$1,380 management fee.
$1,239 taxes.
$800 insurance.
= 21% net return.

Contact the Advertiser

CAPTCHA

Property Alerts

  • Townhouse
  • 5 bedrooms
  • USA
  • Detroit
Note: You can 'widen' the alert by clicking on items in the above list to remove them

Useful Services

Send my request

Related Properties