Three bedroom house Detroit, Wayne County, Michigan, USA 3 Bed Townhouse £22,995 | €25,486 | $29,000 Request a Currency Exchange Quote Here

This large three bedroom brick house is great value at only $29,000 and tenanted paying $9,000 per year.

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Basement, Off Street Parking

Lifestyle features

Suburban, Town
Property Description ID:22788128

This very large three bedroom house is located in the popular are of LaSalle College Park. This property was recently updated throughout including a new kitchen and new carpets and paint. This property has a new tenant in place paying $750 a month. This property is currently under management by one of the leading Detroit property management companies.Kenmoor Street is a nice well kept road in LaSalle College Park which is close to Ravendale, Denby and Moningside. LaSalle College Park has a very strong community atmosphere with good schools and great local facilities.

 

Investment Details

 

$9,000 rent a year.
$900 management fee.
$1,560 taxes.
$500 insurance.
= 21% net return.

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