Description
Excellent investment opportunity in the rapidly appreciating East Side of Detroit. Beautiful Brick Tudor with current lease in place at $800/ month. Tenant covers utilities, water, lawn and snow. Very easy to manage and strong cash flow being offered at a 13.75% CAP rate (return on investment) that is in place. Excellent starting point or addition to your investment portfolio.
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3BEDS
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0.11ACRES
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1BATHS
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01/2 BATHS
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1,006SQFT
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$50$/SQFT
Description
Excellent investment opportunity in the rapidly appreciating East Side of Detroit. Beautiful Brick Tudor with current lease in place at $800/ month. Tenant covers utilities, water, lawn and snow. Very easy to manage and strong cash flow being offered at a 13.75% CAP rate (return on investment) that is in place. Excellent starting point or addition to your investment portfolio.
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Data last updated: 2019-02-19T19:48:30.963.