Nubricks.com
Property Sales - 41708941 - House in USA, Michigan, Wayne County, Detroit
This very nice three bedroom house is located on a very well kept street in Farwell onthe Eastside of Detroit. The house is just 1 mile from John J Pershing High School.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 $1,350 –$1,700 in rent each month based on the current Section 8 rates.This house is located in farwell, a great area in Detroit with a proud community feel, thisarea has great schools and lots of local amenities. The house is just a shot walk FarwellPark, a 90-acre park whcih features multiple sports fields, basketball courts, tenniscourts, playground, fitness equipment, and a park shelter.
Return of investment
18%
Break even in
5.5 Years.
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£67,004
Global Investments Incorporated
Date added: 16 May 2024
£56,813
Date added: 27 Dec 2023