Five bedroom house, Detroit, USA
Detroit, Wayne County, Michigan, USA
Property ID: 22666470
Summary Data
| Price | £34,394 |
| Price Type | |
| Bedrooms | 5 - Bed |
| Bathrooms | 3 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | Townhouse |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This huge redbrick house is split into three large apartments. On the ground floor you have a large three bed apartment, then upstairs you have two separate one bedroom apartments. This property is located in Russell Woods close to schools and amenities and comes with a $10,000 refurbishment included in the purchase price .This property is under management by one of the leading Detroit property management companies.This property is located Russel Woods right next to Oakman Boulevard, this area is also very close to the University District and Boston Edison.
Investment Details
$16,800 rent a year.
$1,680 management fee.
$1,400 taxes.
$800 insurance.
= 32% net return.