Four bedroom house Detroit, Wayne County, Michigan, USA 4 Bed Townhouse £23,709 | €26,276 | $29,900 Request a Currency Exchange Quote Here

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

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Basement, On Street Parking

Lifestyle features

Suburban, Town
Property Description ID:22498603

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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