Townhouse for sale
£71,335
Michigan, Wayne County, Detroit, Ravendale, USA Property ID: 41277517
Property features
- 16.1% ROI- Newly renovated- Rented to great paying tenants- Great property management in place
Property description
Unique investment property that makes an EXCELLENT ROI. One lot with two houses. Big front house has 3 bedrooms and 1 and a half bathrooms. Back house has 2 bedrooms and 1 full bathroom.
Front House:
- Newly refinished hardwood -- see video!
- New forced air central heating furnace
- New hot water heater
- Freshly painted large basement with plenty of storage
- Totally new kitchen
- Updated plumbing and electric
- New carpet in bedrooms
- Rented with an excellent paying tenant
Back House:
- Rented to adult daughter of front house
- Great paying tenant
- Same electric bill as front house
- Separate water bills
- Water bills are both billed directly to the tenants and will never go back to the owner. Detroit bonus!
- Newly carpeted living room and two bedrooms
- Totally newly built kitchen
- New furnace and hot water heater
- Both tenants supply their own appliances: refrigerator, stove, washer, dryer. Less maintenance costs for owners!
- Newly rebuilt bathroom with all new bathtub with nice surround, new toilet, new vanity, mirror, vinyl floor.
- Tenants share grass and snow care
Other information:
- One year lease. Started November 2019. They have already expressed an interest in renewing the lease.
- Property management in place
- Excellent paying tenants
- Quiet street with great neighbors
- No problem tenants
See my video! I'd love to tell you more. (248) 390-3982. Monique Burns
