This large three bedroom brick house is amazing value at only $30,900 and also tenanted.
This three bedroom house is located on a very well kept street in Dalbys Easpointe right next to the sought after area of Eastpointe. This property is in a great condition and has three large bedrooms, a large rear garden and a new kitchen. This property was only recently refurbished and has new tenants in place paying $700 rent a month. This house is under management by one of the leading Detroit property management companies.This property is very well located, the area is called Dalbys Easpointe and is close to Eastpointe which is a highly sought after area. It is also close to East English Village, Harper Woods and Grosse Pointe Woods.
$8,400 rent a year.
$840 management fee.
= 20% net return.