Detached for Sale in Detroit, Michigan, USA
Colonial 4 Bed Property Only $44,950
This armchair investment requires little input from the investor. We professionally manage the entire process from purchase, renovation, tenant placement and full property management. This property will generate 14.4% NET yield with scope for good capital appreciation for the investor.
Total Investment Price only $45,000
This price includes the following:
• Purchase Price
• Full Renovation Costs
• Inspection Costs
• Back Taxes
• Unpaid Liens
• Closing Cost
• Other Fees
The after repairs value of this property is $72,000
Property Description:
• Brick built Colonial Property (2,040 sq ft)
• 4 bedrooms
• Through Lounge
• Dining Room
• Kitchen
• 2 Bathroom
• 2 Car Detached Garage
• Garden
This is an ideal location for fantastic rental income and capital growth. The property is located in a superior neighbourhood with great demand from both homeowners and renters.
Enquire now as this property will not last long!
About This Property
Category
Houses
Sold by
Agent
Reference
US0121
Address
Detroit
Michigan
USA
Michigan
USA
Built
1935
Bedrooms
4
Bathrooms
1.5