Property for sale in Detroit - 22754364 - Advertised on propertyO by Global Investments Incorporated

Townhouse for sale


Michigan, Wayne County, Detroit, USA Property ID: 22754364

Property description

This large three bedroom house is ideally located in the heart of Cornerstone Village, right next to East English Village.The property is in a great condition and was only refurbished in 2013 including a new roof. The property has great tenants in place paying $700 a month.This is a great rental property and is under management by one of the leading Detroit property management companies.This property is located in Cornerstone Village which is a great location in Detroit, it is right next to East English Village, Grosse Pointe Farms and Harper Woods. This property is perfectly located for long term renting.


Investment Details


$8,400 rent a year.
$840 management fee.
$1,950 taxes.
$500 insurance.
= 17% net return.

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