Ref: US083
Selling Price: 41 000USD
Price: 25 153£
Area: Detroit
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Property size: 1200 sq.ft.
Plot size: 3640 ft.
Bedrooms: 3
Garage: Yes
Send enquiry  Description property in usaSection 8 tenants in place paying $825 per month!
Already renovated and rented so start earning income from day one!
This property is a fantastic turnkey investment generating an excellent return. It ticks all the boxes; attractive property, great location and Section 8 tenants. And when you come to sell in future, it is just the sort of style of property that buyers will love.
This Detroit property specs are as follows:
- Sold fully renovated & managed with a tenant in place
- Large detached property in sought after area
- 3 Bedrooms, 1bath, Living Room, Dining Room, Kitchen & Garage
- House size = 1200 sq.ft (plus basement = 600 sq.ft)
- Built 1938 / Plot = 35x104 (3640 sq.ft)
- Gardens to front and rear
- Property Tax = approx 2,200 USD per year
- Actual Rental Return = 825 USD/month
This is an ideal location for good rental and price rebound. It’s an excellent middle class residential area, with easy access to the city centres. The property is close to the University District, the prestigious Detroit Golf Club, and four 5 star rated schools. The property has had full renovation including a new kitchen and no improvements are needed.
The property already has tenants in place and the agreed rent is 825 USD per month. The tenants are Section 8 tenants with the US government subsidising 60% of the rent and the tenants pay the rest. Both tenants are in part-time employment.
Income and Expenses for this Property Property in usa, More pictures
Front | 
Front again | 
Garage | 
Dining room | 
Landing | 
Opposite | 
Side | 
Street | 
Bathroom | 
Front pic 3 | 
Kitchen | 
Living and dining room | 
Street |
Send enquiry | 
08/31/2010