
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.
-
3BEDS
-
0.11ACRES
-
1BATHS
-
01/2 BATHS
-
1,006SQFT
-
$50$/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.
Related Properties
