Three bedroom house Detroit, Wayne County, Michigan, USA 3 Bed Townhouse £25,182 | €28,561 | $31,900 Request a Currency Exchange Quote Here

This large three bedroom brick house is amazing value at only $31,900 this is rare for a house is this area of Detroit.

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Basement, On Street Parking

Lifestyle features

Suburban, Town
Property Description ID:22672187

This very large colonial house is incredible value of money, this property has just been reduced today by $5,000 for a quick sale. Not only is the house very large but it comes with a huge 6,534 sqft lot. This property is under management by one of the leading Detroit property management companies who are currently screening tenants for placement. Properties of this style, size and location do not come on the market very often,especially at this price.This property is ideally located in Gratiot Gardens, a good family area in Detroit. Gratiot Gardens is close to Morningside, East English Village, Harper Woods and Grosse Pointe, so it is a very busy area great for long term renting.

 

Investment Details

 

$9,000 rent a year.
$900 management fee.
$1,350 taxes.
$500 insurance.
= 20% net return.

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