6
See all 6 photos
$55,000
Est. payment /mo
2 Beds
1 Bath
844 SqFt
New
20607 MOROSS Road Detroit, MI 48224 1241
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 844 sqft
Price per Sqft $65
Subdivision East Park Manor
MLS Listing ID 61041685
Style 1 1/2 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 844
Year Built 1942
Annual Tax Amount $898
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 30.00 x 80.00
Property Sub-Type Single Family
Property Description
Detroit Rental Portfolio -- Nine Properties Offered Individually, in Groups, or Together Take your pick: purchase one property, create a custom group, or acquire all nine properties for $872,000. The seller reports over $13,000 in monthly cash flow and over $155,000 in annual gross profit. Tenants pay all utilities and water, offering investors a portfolio with those costs paid by tenants. Request property-specific rent, lease, and expense information. Buyers to verify all income, expenses, occupancy, property details, and utility arrangements. These properties are all section 8 properties. The tenants pay under $1,000 each month meaning that over $12,000 is guaranteed cash flow. 10835 Somerset, Detroit, MI 48224 -- $120,000 | $1500 rent | owner pays water 19317 Marx, Detroit, MI 48203 -- $99,000 | $1400 rent 19734 Kingsville, Detroit, MI 48225 -- $85,000 | $1400 rent 10338 Balfour, Detroit, MI 48224 -- $99,000 | $1500 rent 20607 Moross, Detroit, MI 48224 -- $55,000 | $1100 Rent 20436 McCormick, Detroit, MI 48224, including 20430 McCormick, Detroit, MI 48224 -- $85,000 | $1400 rent 15099 Coyle, Detroit, MI 48227 -- $99,000 | $1400 rent 10639 Balfour, Detroit, MI 48224 -- $110,000 | $1615 18700 Kingsville, Detroit, MI 48225 -- $120,000 | $1700 This beautiful 2-bedroom property is move-in ready. It's less than 15 minutes away from downtown, right down the street from Saint John Hospital, and conveniently located off the 94 freeway. The lower level features hardwood floors, and the kitchen has new ceramic tile. The basement has been freshly painted. This property won't be available for long, so make sure to bring your best offer when you come to see it.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,Exchange/Trade,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Realtyflo Inc
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