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Townhouse

Full Description

This large two bedroom house is in a great condition and has a new tenant paying $525 a month in rent. This property is very well located in Frishkorns and has many new updates. This property is under management by one of the leading Detroit property management companies.Frishkorns is a good family area in West Detroit, you have Dearborn to the South and Grandale to the North, Frishkorns has many good schools and great local amenities.

 

Investment Details

 

• $6,300 Rent a year.

• $630 Management fees.

• $1,185 Property taxes.

• $440 Insurance.

• 16% Net return.

• New tenant.

• 960 sqft built.

• Large 3,790 sqft lot.

Key Information

Property ID: 21867563
Location: USA, Michigan, Wayne County, Detroit
Categories:
  • House
  • Townhouse
Bedrooms: 2
Bathrooms: 1
Price:
  • £19,355
  • €22,020
  • $25,500
Short Description:

This large two bedroom brick house is a great investment for only $25,500 in a great area of Detroit for long term rentals.