18700 Kingsville St E, Harper Woods, MI 48225

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