20184 Roselawn St, DETROIT MI 48221
Property Address
20184 Roselawn St, DETROIT MI 48221
Fully renovated bungalow in growth corridor of Detroit. One block from 8 Mile, just a stones-throw from the new Livernois ‘Fashion Mile’ and just 2-3 blocks from one of Detroits hottest neighbourhoods – Bagley. This 3 BR property complete with utility/storage room and additional study or rumpus is completely renovated throughout. New bathrooms and kitchen as well as all new flooring, electrical, plumbing etc, not a cent to spend.
Tenanted at $850 per month, cashflowing from day one, this is an excellent investment at 12% ROI Nett after all costs. Purchase, enjoy the rental return and watch the values in this area grow. Could even convert the upstairs utility room into a 4th Bedroom!
Tenanted at $850 per month, cashflowing from day one, this is an excellent investment at 12% ROI Nett after all costs. Purchase, enjoy the rental return and watch the values in this area grow. Could even convert the upstairs utility room into a 4th Bedroom!
Property Details
House Size | 956 sq ft |
Bedrooms: | 4 |
Bathrooms: | 2 |
Basement | Yes |
Garage: | No |
Lot Size: | 5184sq ft |
Rental Return: | $950 USD per month |
Return on Investment: | 11.5% after deductions |
Est Market Value: | $80,000 USD |