House for sale
£67,853
Michigan, Wayne County, Detroit, USA Property ID: 41696931
Property description
This very nice three bedroom house is located on a very well kept street in Belmont on the
Westside of Detroit, this area is highly demanded by investors and is surrounded by some of
Detroits best neighbourhoods, the likes Grandnmont Rosedale, Rosedale Park, St Marys.
This property has three large bedrooms, one and a half bathrooms, a large basement, and a
large rear garden. The house has a tenant in place paying $900 in rent each month. The
tenant is Section 8 housing so the rent is paid direct to the owner via the City of Detroit.The
seller has asked not to disturb the tenants so interior picture will be supplied on inspection
prior to contract.
The house is under management with a great local Detroit property management company.
This property is located in the Belmont Community on the desirable Westside of Detroit, the
house is just ten miles to the centre of Downtown Detroit and less than 2 miles from
Grandmont Rosedale. It is also very close to the University District so it is surrounded by some
of the best areas in Detroit.
Return of investment
10%
Break even in
10 Years.