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$109,000
Est. payment /mo
3 Beds
1 Bath
955 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 955 sqft
Price per Sqft $114
Subdivision Plymouth Gardens
MLS Listing ID 60924201
Style 1 1/2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 955
Year Built 1944
Annual Tax Amount $1,873
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35X134.26
Property Sub-Type Single Family
Property Description
FULLY TENANT-OCCUPIED SECTION 8 INVESTMENT GENERATING $1,270/MONTH IN GUARANTEED RENT. WITH 20% DOWN AND STANDARD INVESTOR FINANCING, YOU'RE LOOKING AT OVER 21% CASH-ON-CASH RETURN ANNUALLY. LOCATED IN A STRONG RENTAL POCKET OF DETROIT'S WEST SIDE, THIS PROFESSIONALLY MANAGED PROPERTY REQUIRES ZERO REHAB AND MINIMAL MAINTENANCE. TAXES AND INSURANCE ARE LOW, AND INCOME IS STABLE FROM DAY ONE. WHETHER YOU'RE EXPANDING YOUR LOCAL PORTFOLIO OR INVESTING FROM OVERSEAS, THIS IS A RARE OPPORTUNITY TO SECURE HIGH-YIELD CASH FLOW WITH LOW RISK IN AN APPRECIATING MARKET. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED. DO NOT DISTURB TENANT. SHOWING ONLY WITH ACCEPTED OFFER.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Own It Realty