20607 Moross Rd, Detroit, MI 48224

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.