Property for sale in Detroit - 26768925 - Advertised on propertyO by Global Investments Incorporated

Townhouse for sale


Michigan, Wayne County, Detroit, USA Property ID: 26768925

Property description

This huge multi-family colonial house is split into two very large two bedroom apartments. One apartment is currently tenant occupied by a great long term tenant and the second apartment has just been made rental ready, the management company are already screening tenants for placement. This property is exclusive to Global Investments and is under management by one of the leading Detroit management companies.This property is located in the popular area of Barton-McFarland which is close to Dearborn and is only five miles from the famous University District, it is also less than seven miles from Downtown Detroit, this area has lots of schools and great local amenities.


Investment Details


$13,200 rent a year.
$1,320 management fee.
$764 taxes.
$800 insurance.
= 21% net return.

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