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,… Read More 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 $1700This beautiful 2-bedroom property is move-in ready. It's less than 15 minutes away from downtown, right down the street from Saint John Hospital, and conveniently located off the 94 freeway. The lower level features hardwood floors, and the kitchen has new ceramic tile. The basement has been freshly painted. This property won't be available for long, so make sure to bring your best offer when you come to see it. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Realtyflo Inc, [email protected], (313) 466-7253.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Residential
Beds
2
Full Baths
1
Square Ft.
844
Lot Size
0.06 Acres
Year Built
1942
MLS Number
20261086325
30 Days Snapshot Of 48224
$77k
-20%
(avg) sold price
31
-54%
homes sold
97
+31%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Private
Basement
Unfinished, Basement?: 1
Building
844 total square feet, 844 combined square feet, 563 total basement square feet, Built in 1942, Architectural style: 1/2 Duplex with Land, 1 1/2 Story, Brick
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
No Garage, Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.06, Lot size dimensions: 30.00 x 80.00
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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