**AMAZING 12% Cap Rate**HIGH ROI**CORNER LOT OPPORTUNITY**TURNKEY INVESTOR GEM located in a prime Detroit location. This ranch-style duplex is a cash flow powerhouse, rented at $800 and $900 per unit, generating a total of $1,700/month. It is priced to sell and offers incredible potential for investors seeking high returns. Start making money from day one! Each unit features well-maintained interiors and reliable tenants in place. Situated on a corner lot, the property boasts excellent curb appeal and easy access to local amenities. Low maintenance and high-performing, this is an opportunity you don't want to miss. This turnkey property is professionally managed, allowing you to sit back and enjoy the passive income. Clean title, warranty deed, and title insurance provided. Tenant ledger available upon request.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
