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Property Sales - 41709115 - House in USA, Michigan, Wayne County, Detroit
This fantastic two apartment multi family home is located in Outer Drive-Hayes on the Eastside ofDetroit, the house is just 2 miles from the old Detroit city airport which is now the Coleman A YoungInternational airport, mainly used for business and military.The property is split into two apartments, you have a large two bedroom apartment downstairs anda large one bedroom apartment upstairs . Both apartments will be renovated by Global Investmentsbest contractors and will be supplied rent ready to a Section 8 standard. The works will begin afterthe new owner closes on the property. When complete the management company will place brandnew vetted tenants. The down apartment should achieve $950 – $ 1,250 in rent per month and theupper should achieve $750 – $1,000 per month.This house is located in Wade on the East side of Detroit. Wade is close to Harper Woods,Eastpointe and the famous East English Village. This area has many great schools and lots of localamenities. The house is just 1.7 Miles to Chandler Park, one of the largest golf courses in Detroit.
Return of investment
23%
Break even in
4.34 Years.
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£67,853
Global Investments Incorporated
Date added: 19 Aug 2023
£56,813
Date added: 27 Dec 2023