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Four Bedroom House (ref. 26053224)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 2
Posted From: United States, Michigan, Wayne

Ad Title: Four Bedroom House (ref. 26053224)
Date & Time Listed: 2016-10-17 11:06:19 (GMT)
Type of Ad: Want to Sell
Ad Details:
This huge multi-tenanted property is made up of two very large two bedroom apartments. The house has many nice features and comes with a $7,000 refurbishment to make it rental ready. You will also receive a two month rental guarantee, the two months rent will be credited to your account on closing so you get all of the rent on the day you close.Once the work is done this house will rent quickly and it is currently under management by one of the leading Detroit management companies.This property is located in Maxwell Park which is only 5.1 miles from the Downtown Detroit and only 4 miles from the New Center where you will find Wayne State University.
Investment Details
$13,200 rent a year.
$1,320 management fee.
$752 taxes.
$800 insurance.
= 26% net return.
This property is a Townhouse for sale.

Other Details:
Number of Bedrooms: 4
Number of Bathrooms: 2

Price: 39,900.00 USD

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