Three bedroom house, Detroit, USA
Detroit, Wayne County, Michigan, USA
Property ID: 22969029
Summary Data
| Price | £25,901 |
| Price Type | |
| Bedrooms | 3 - Bed |
| Bathrooms | 1 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | Townhouse |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This huge three bedroom house is located in the prestigious area of Bagley, right next to the entrance of the University District. The property is in a great condition and has very good tenants in place, they have been in the property for over three years now and have kept the property very well maintained. This property is under management by one of the leading Detroit property management companies.Bagley is viewed as one of the best areas in Detroit and has its own Association who take care of the local parks and tree-lined streets. This area is right next to the famous University District where you will find some of the most expensive real estate in Detroit.
Investment Details
$9,000 rent a year.
$900 management fee.
$2,200 taxes.
$500 insurance.
= 18% net return.