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$85,000
Est. payment /mo
4 Beds
1 Bath
1,218 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,218 sqft
Price per Sqft $69
MLS Listing ID 20261086329
Bedrooms 4
Full Baths 1
Year Built 1941
Annual Tax Amount $2,178
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40X115
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Detroit Rental Portfolio — Nine Properties Offered Individually, in Groups, or TogetherTake your pick: purchase one property, create a custom group, or acquire all nine properties for $872,000. The seller reports over $13,000 in monthly cash flow and over $155,000 in annual gross profit. Tenants pay all utilities and water, offering investors a portfolio with those costs paid by tenants. Request property-specific rent, lease, and expense information. Buyers to verify all income, expenses, occupancy, property details, and utility arrangements. These properties are all section 8 properties. The tenants pay under $1,000 each month meaning that over $12,000 is guaranteed cash flow. 10835 Somerset, Detroit, MI 48224 — $120,000 | $1500 rent | owner pays water19317 Marx, Detroit, MI 48203 — $99,000 | $1400 rent19734 Kingsville, Detroit, MI 48225 — $85,000 | $1400 rent10338 Balfour, Detroit, MI 48224 — $99,000 | $1500 rent20607 Moross, Detroit, MI 48224 — $55,000 | $1100 Rent20436 McCormick, Detroit, MI 48224, including 20430 McCormick, Detroit, MI 48224 — $85,000 | $1400 rent15099 Coyle, Detroit, MI 48227 — $99,000 | $1400 rent10639 Balfour, Detroit, MI 48224 — $110,000 | $161518700 Kingsville, Detroit, MI 48225 — $120,000 | $1700
Location
State MI
County Wayne
Direction right of Morros and Kelly
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Brick,Vinyl Siding
Schools
School District Detroit
Others
Tax ID W21I080188S
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Realtyflo Inc
NEARBY SCHOOL & BUSINESS
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