Average square foot calculated using Size range provided by listing agent.
Description
***Open house Sunday, July 27, from 12-2pm*** Are you looking for your next investment property? This one checks all the boxes! Just down the street from the hottest part of Detroit Shoreway and Battery Park. Fully occupied with guaranteed govt income coming in every month. Both tenants are part of the Cleveland Housing Network Program, and the city pays 100% of each tenants' $1, 270 rent each month (owner pays all utilities). Thats $2, 540 of guaranteed income every month. PITI would be right around $1, 000 per month so this would cashflow close to $1, 500 per month (excluding utility, cap ex, vacancy, PM)! Recently rehabbed with updates including new vinyl windows, new LVP flooring, new tub surrounds, so nothing to do but collect your rent checks every month. There aren't many investments out there like this one.Show Description
MLS® Number5139618
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1012
Exterior
GarageYes
Approx. Age1890
BasementFull
DrivewayGarage
Garage Spaces
HeatBaseboard, Forced Air
A/CNone
Heating Fuel
Extras
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