Property for sale in Detroit - 22879806 - Advertised on propertyO by Global Investments Incorporated

Townhouse for sale


Michigan, Wayne County, Detroit, USA Property ID: 22879806

Property description

This very large four bedroom house has just been completely refurbished throughout, there is an updated kitchen, new paint and carpets and finished basement. This property has a brand new tenant that moves into the property today, they are paying $800 a month. This property is under management by one of the leading Detroit property management companies.This property is located in Emerson Manor a good family area in Detroit with great schools and lots of local amenities. This house is located very close to Wayne County Community College one of the biggest schools in Detroit. Emerson Manor is right next to the famous Grandmont Rosedale and also close to Redford.


Investment Details


$9,600 rent a year.
$960 management fee.
$1,302 taxes.
$500 insurance.
= 21% net return.

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