INCOME PRODUCING INVESTMENT! 12 month lease signed for $950 a month- nearly a 20% cap rate! Beautiful, charming 3 bedroom 1 bathroom brick Colonial in a great location with a detached 2 car garage and large, fenced backyard. This property was just remodeled and restored to its former glory close to Ferndale and Royal Oak. This is one of the few older houses in Detroit with a completely poured basement as opposed to cinder blocks. New paint, drywall, countertops, and a completely restructured ceiling, plus restored original hardwood floors
This $60,000 property has approximately 826 square feet and was built in 1952. This home is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $92/SqFt. Houses with similar square footage range in price from $59,900 to $60,000 and have an average price per square foot of $78/SqFt. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district.
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GEO G EPSTEANS SEVEN MILE BLVD SUB (PLATS)
Casablanca Real Estate Company, LLC
05051-Det 6-8 Dequindre To Conner
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