Two bedroom house, Detroit, USA
Detroit, Wayne County, Michigan, USA
Property ID: 41694338
Summary Data
Price | £50,019 |
Price Type | |
Bedrooms | 2 - Bed |
Bathrooms | 1 - Bath |
Plot Size | |
Building Size |
Sector | Residential |
Type | Houses |
Subtype | |
Tenure | |
Completion | |
Parking |
Location Map
Property Description
This very nice two bedroom house is located in Old Redford, right next to the Holcomb
Community on the Westside of Detroit, this area is just north of Dearborn which is one
of the best areas in Detroit.
The property has two bedrooms, a large lounge diner, one bathroom and a large
garden. The house has just been vacated and will be supplied by the seller rent ready
to a Section 8 standard. The management company will place brand new tenants when
the new owner closes on the property. The current market rent for a Section 8 home in
this location is $950 – $1,000 each month. The rent would also be guaranteed and paid
direct to the owner via the City of Detroit.
This property is very well located on the Westside of Detroit, the area is called the Old
Redford which is just north of Dearborn and less than 3 miles to the centre of Rosedale
Park historic district. The house is also just 5 minutes to Wayne County community
college and close to Belmont and Redford, all of which are very desirable areas on the
Westside of Detroit.
Return of investment
16%
Break even in
6.25 Years