Well appointed colonial next to University of Detroit district! Double garage + extra 'Florida' room!

Ref: US125
Selling Price: 46 500 USD
Price: £ 30 368 / 44 904 AUD
Area: Detroit

Property size: 1353 sq.ft.
Bedrooms: 3
Garage: Yes

Send enquiry

Description property in usa

Charming 3 bedroom colonial in popular University of Detroit neighbourhood!

This property is a fantastic turnkey investment generating an excellent return. It ticks all the boxes; attractive property, great location and will be sold with tenants in place. And when you come to sell in future, it is just the sort of style of property that buyers will love.

Chosen to give you a highly profitable Exit Strategy

We really like this area. A better sort of place that tenants love. And, very importantly, your future buyers will be happy to pay up for - giving you an excellent exit strategy.

We make an extra effort to get quality houses. Ones that will sell well in the future. A good rent is fine, but most of our clients are looking for a big payday in the not too distant future and that’s what we focus on.

Please do not confuse our properties with other stuff you might find on the internet at what appears a similar price. We always win hands down on quality bricks for your buck!

This Detroit property specs are as follows:

Bed 1: 15x13

Bed 2: 09x14

Bed 3: 10x13 (bedroom has doors leading out onto covered balcony)

Living room: 15x18

Dining room: 11x10

Kitchen: 18x18

Bathroom

Florida room

Total accommodation size: 1353sq.ft

Lot size: 35x117

Property is on a wide tree lined street in the very sought after University of Detroit district. To the rear is a concrete parking area, garage and back yard. There is a well maintained yard to the front.

This is an ideal location for good rental and price rebound. It’s an excellent middle class residential area, with easy access to Detroit downtown. The property is in the University District, near the prestigious Detroit Golf Club, and various well rated schools. The property will undergo full renovation up to local city code prior to being sold to sale completion.

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, sharply on the up.

Buying process:

Step 1: Reserve property with a deposit of $2800 (includes Notary fee of $800). Preliminary contracts sent to be signed.

Step 2: First installment of $34, 500 within 2 weeks of deposit being paid.

Step 3: Second installment of $5000 sent approximately 2-4 weeks after first installment

Step 4: Final installment of $5000 paid upon completion of the sale (tenants moving in). Property is then transferred to your name.

Download the Income and Expenses for this Property

Property in usa, More pictures

Back yard and garage	Basement	Basement pic 2	Dining room
Entrance area	Fireplace	Florida room	Front 1
Kitchen	Kitchen pic 2	Living room	Living room pic 2
Rear of property