This is a Duplex in a quiet Detroit neighborhood. Both units are 1000 sq ft, have 2 beds and 1 bath, and each unit has its own utilities. This means the tenants can put the utilities in their name. Each unit has tenants in it that rent for $500/month. They are month to month, so you can get new ones in if you would like. My Detroit property management company says the units are worth up to $575/month. That's $1150/month, $13,800/year gross on a $32,000 investment. That's an amazing return on your money, this is a no brainer. I have more pictures, video of the outside of the home showing the property, and a sellers disclosure with the age of the major purchases. TITLE WORK IS ALREADY COMPLETED. So if you have the money ready, you can actually close in 2 days if you want. I am a licensed real estate agent in the state of Michigan, and I am wholesaling this home, MAKE ME AN OFFER!!!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
