Ref: US047
Selling Price: 34 950 USD
Price: £ 22 825 / 33 751 AUD
Area: Detroit
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Property size: 1344 sq.ft.
Bedrooms: 3
Garage: Yes
Send enquiry  Description property in usa
Good property with income from day 1 for $34,950!
There’s no better place to buy great value investment property at the moment than America. This detached house in Warren, Detroit, is being refurbished and sold with tenants in place paying $700 to $750 pcm.
It’s a “turn-key” investment that requires little input from you, the investor. Provide your bank details for rent payment and leave the job of running the property to the local agent. And another plus point is that you can request your letting agent to offer the property to what’s called “Section 8” list, so that rent is guaranteed by the Government to between 70% and 90%!
A smart, refurbished detached house in good area, paying good income for....well, peanuts!
The Property
Accommodation is measured at 1344sq.ft (not including the full size basement) and comprises of the following:
- Bed 1: 12x10
- Bed 2: 10x10
- Bed 3:
- Living room: 11x14
- Dining: 10x10
- Kitchen: 17x10
- Bathroom
- Office room/potential single bedroom (no windows)
Underground there is a partially converted basement and the property benefits from central air conditioning and a detached double garage. Double French doors lead from the dining room to a decked area…ideal for summer barbeques, plus there is a detached double garage.
With air-conditioning
Terms of Sale
This property is due to be renovated to rental standard and will be sold to the new owner with tenants. Property can be with reserved with a deposit of $6000 and the sale would complete approximately 1-2 months after reservation and only when works are completed and a tenant has moved in. At this point, the final balance will be due.
A chance, right now, to buy American property for a FRACTION of true cost
Property prices haven’t just declined in certain places in America, they’ve collapsed. And right now they are at rock bottom. In fact, like all boom and busts, they’ve overshot and are at frankly silly levels. So low, that we just can’t get our head around how cheap the price is.
Simply speaking, it’s now the best value property in the World. And all the more amazing when you consider this isn’t in some third world country, but America. Still the world’s number one economy. The land of Hollywood, Cadillacs and eat-all-you-can-diners! Don’t think this situation will last long. It won’t.
Local and foreign investors are buying up such property, but a few can still be found. Like this house.
Previous sold in 1999 (well before the peak in the market there) for $70, 000, we are offering this house fully renovated and tenanted for just $34, 950. The potential upside in price growth is very obvious.
Get your gift from Uncle Sam
How can houses be sold for so little? The answer is public money. The banks can afford to write off
large mortgages which were typically held on these houses because billions of government money is being poured in to their businesses. In short, the American government is subsidising your investment!
Where else is it better to invest some cash? Certainly not the stock market, unless you like sleepless nights. And not UK property either. Although it’s dropped in price, no way has it gone down like these American properties. The surplus air hasn’t just been squeezed out of the property market there, it’s been stamped out completely. Preparing the market for rebound. Now that prices are as flat as a pancake, the only way is up, and they are going up..
A genuine opportunity – from the specialists.
No catch, just freehold detached property, with clean unencumbered title going for peanuts. However, don’t think such property can be picked up anywhere, by just clicking away on the internet, for example. We have done a lot of work on the ground in USA searching for such bargains. Avoiding cheap properties that come with attached liens and debts, or in bad neighborhoods.
We know where and what to buy and only offer the pick of properties to investors. American property is what we do, every day, with a passion that comes from knowing what a phenomenal bargain American offers right now. We source, refurbish and package so that you, the investor, own profitable property with the minimum of time, effort and risk. Invest with confidence now.
Property in usa, More pictures
Front left | 
Back | 
Double garage | 
Nice bathroom | 
Bathroom | 
Fitted kitchen | 
Air conditioning | 
Dining | 
Kitchen | 
Living room | 
Living room (pic 2) | 
Bedroom 1 (no closet) | 
Bedroom 1 (no closet) | 
Bedroom 2 | 
Bedroom 2 (pic 2) | 
Bedroom 3 | 
Bedroom 3 (pic 2) | 
Stairs to basement | 
Basement (recreational bar area) | 
Furnace | 
opposite house | 
front right | 
Street 1 | 
Street 2 | 
Stairs to upstairs | 
Uptairs box room (no windows) | 
Upstairs box room pic 2 | 
Water heater | 
Map 1 | 
Map 2 |
Send enquiry |
01/30/2011