Property for sale in Detroit - 28156707 - Advertised on propertyO by Global Investments Incorporated

Townhouse for sale


Michigan, Wayne County, Detroit, USA Property ID: 28156707

Property description

This three bedroom house is located on a very well kept street in Denby on the Eastside of Detroit. The house is located on the same street as Denby High School, which is one of the best high schools in Detroit. This property is in a great condition and has three bedrooms, a large rear garden, a full basement and detached garage. The property also comes with very good tenants in place who are paying $725 rent a month. This house is under management by one of the leading Detroit property management companies.This property is very well located, the area is called Denby and it is close to East English Village which is a highly sought after area. It is also close to Eastpointe, Harper Woods, Grosse Pointe Woods and Morningside.


Investment Details


$8,700 rent a year.
$870 management fee.
$1,205 taxes.
$500 insurance.
= 19% net return.

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