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 $1700 Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Realtyflo Inc, [email protected], (313) 466-7253.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Square Ft.
950
Lot Size
0.11 Acres
Year Built
1950
MLS Number
20261086390
30 Days Snapshot Of 48225
$143k
+5%
(avg) sold price
11
-56%
homes sold
64
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
950 total square feet, 950 combined square feet, 888 total basement square feet, Built in 1950, Architectural style: Bungalow, 2 Story, Aluminum
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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