Four bedroom house, Detroit, USA
Detroit, Wayne County, Michigan, USA
Property ID: 27768951
Summary Data
| Price | £32,271 |
| Price Type | |
| Bedrooms | 4 - Bed |
| Bathrooms | 1 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | Townhouse |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This huge colonial four bedroom house is located in Clements & Oakmans, right on the border of Boston Edison. It also just two miles from the New Center where you fill find the famous Woodward Avenue. This house was only refurbished last year before a new tenant was placed at $800 a month, it sold for $100,000 in 2007. This house offers incredible value for money and it could not be better located for long term renting. This property is under management by one of the leading Detroit property management companies.This property is close to everything, Boston Edison, Virginia Park, the New Centre and the University District. It is surrounded by some of the leading Schools and Colleges in Detroit, Wayne State University the main University in Detroit is only three miles away, Downtown Detroit is only five miles away.
Investment Details
$9,600 rent a year.
$960 management fee.
$1,021 taxes.
$500 insurance.
= 19% net return.