
House for sale
£84,837
Michigan, Wayne County, Detroit, USA Property ID: 41709115
Property description
This fantastic two apartment multi family home is located in Outer Drive-Hayes on the Eastside of
Detroit, the house is just 2 miles from the old Detroit city airport which is now the Coleman A Young
International airport, mainly used for business and military.
The property is split into two apartments, you have a large two bedroom apartment downstairs and
a large one bedroom apartment upstairs . Both apartments will be renovated by Global Investments
best contractors and will be supplied rent ready to a Section 8 standard. The works will begin after
the new owner closes on the property. When complete the management company will place brand
new vetted tenants. The down apartment should achieve $950 – $ 1,250 in rent per month and the
upper should achieve $750 – $1,000 per month.
This house is located in Wade on the East side of Detroit. Wade is close to Harper Woods,
Eastpointe and the famous East English Village. This area has many great schools and lots of local
amenities. The house is just 1.7 Miles to Chandler Park, one of the largest golf courses in Detroit.
Return of investment
23%
Break even in
4.34 Years.