Nubricks.com
Property Sales - 41708831 - House in USA, Michigan, Wayne County, Detroit
This three bedroom house is located on a very well kept street in Grand River, a soughtafter area just North of Aviation Sub. This is a quiet respectable area near to Dearbornthat has a great community feel.This property consists of three spacious bedrooms, one bathroom, a lounge diner, a fullbasement and a large garden. The house will be renovated by Global Investments bestcontractors and will be supplied rent ready to a Section 8 standard. The works will beginwhen the new owner closes on the property. When complete the managementcompany will place brand new vetted tenants. The house should achieve $1,250 –$1,700 in rent each month based on the current Section 8 rates.Grand River is a great neighbourhood in Detroit. This area is next to Aviation Sub andDearborn which are viewed as two of the top areas in Detroit. Many residents ofDearborn have re-located to Aviation Sub and Barton-McFarland due to its exclusiveappeal. The house is also just 3.7 miles from the University of Detroit.
Return of investment
20%
Break even in
5 Years.
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£66,155
Global Investments Incorporated
Date added: 02 Oct 2023
Date added: 06 Feb 2025