Bargain 3 bed Detroit investment property to be sold with tenants in place!

Ref: US127
Selling Price: 37 000 USD
Price: £ 24 163 / 35 730 AUD
Area: Detroit

Property size: 791 sq.ft.
Bedrooms: 3

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Description property in usa

A chance, right now, to buy American property for a FRACTION of even build cost!

Refurbished and let: Just $37,000

It may be hard to believe, but certain American properties are available for prices that are way below the cost of building the property. Even below the previous mortgage held on the property. Yet these houses have waiting lists of tenants ready to rent them!

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 by far the world’s largest economy. The land of Hollywood, Cadillacs and eat-all-you-can-diners!

Even though it’s a great market for bargains in USA at present, selecting the right property is still very important. That’s where our work and expertise pays off. We know exactly which properties offer best value. Like this steal of a property.

This is an ideal location for steady rental and price rebound. Good Street with access to all big city facilities. Hard working neighbourhood. Under 40,000 dollars for a detached 3 bedroom property! Estimated rental return in the region of $650-$700 per month.

And that INCLUDES full refurbishment and a tenant in place!

Property specifications:

- Size: 791sq.ft

- 3 bedrooms

- Living room

- Dining room

- Kitchen

- Full size basement

- Built: 1950

Lot size: 35x123

Taxes: $1799

Summary

This is a clear opportunity to buy at far under market value. This direct from the Bank property has had a large mortgage written off on it, at a loss to the American taxpayer, providing you with this unique profit opportunity. Providing tremendous upside in capital gain, in addition to suburban rental demand. Needless to say, there are many investors who would snap up such a bargain, so don’t delay.

This 3 bedroom house should make an ideal residential investment in Detroit.

Download the Income and Expenses for this Property