3 Bed Detroit home with huge double garage close to University!

Ref: US333
Selling Price: 48 000 USD
Price: £ 31 347 / 46 353 AUD
Area: Detroit

Property size: 1400 sq.ft.
Bedrooms: 3
Garage: Yes

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Description property in usa

Spacious 3 bed home close to university with huge double garage!

$48, 000

There’s no better place to buy great value investment property at the moment than America.

This Detroit property is a private sale and offered with tenants in place along with full rental management via a local property company.

Prices are rising now

Don’t think this situation will last long. It won’t. Prices are springing up from the absurdly low levels. Local investors are buying up such property and there are bidding wars on many such bargains.

Prices are now, in our estimation, are on the up.

The Property

This is an excellent solid detached 3 bedroom house, in a quiet cul-de-sac, attractive to renters now and buyers in future. A notable feature is the huge double garage with side room to the rear; along with good concrete area which is low maintenance.

The roof has been replaced in 2010 and the property refurbished. A completely new kitchen has been installed and everything brought to a high standard.

The current tenants are paying $700 pcm.

Accommodation is a spacious 1400sq.ft (not including the full size basement) and comprises of the following rooms:

- Bed 1: 14x14

- Bed 2: 11x11

- Bed 3:11x11

- Living room

- Dining

- Kitchen

- Bathroom

- Half bath in basement

Lot size: 36x116 Built 1930

Outside, there’s a driveway to side, leading to a backyard with a very large double garage. This property comes with a full size basement which has been partially converted.

Similar property on same street selling for $69, 000 (Un refurbished)!

A property just down the road from this home is currently on the market for $69, 000, without new refurbishment works, which goes to show what excellent value this home is. It’s a popular area with few repossessions and close to all amenities (shopping areas, schools, employment centres etc).

Near: Wayne State University of medicine , Hilberry Theatre, Wayne State University and Merrill-Palmer Institute

Great location

A key selling point for this home is it location; situated in a quiet cul-de-sac in a family orientated area, it ticks all the boxes for a popular rental. Close to local schools, shopping areas and employment centres (such as the Sinai Grace hospital). Plus two university campuses are just a short drive away.

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.

Payment plan:

- 10% deposit

- Balance upon closing (approximately 1 month later)

For further information, please do not hesitate to contact us.

Download the Income and Expenses for this Property