19141 HOOVER ST. DETROIT, MI 48205

Property Address

Property sits on a double block, with vacant block next door – 19149 Hoover also sold with this property. Full renovation inside and out, in great condition including new kitchen, updated bathroom and new hot water.
Tenanted and cashflowing from day 1, excellent investment property with little to no maintenance for the next 12-18 months at least
Property has a property manager already in place.

NET ROI after Costs 13.1%

Property Details

House Size760 sq ft
Bedrooms:3
Bathrooms:1
BasementYes
Garage:Yes
Lot Size:4356 sq ft
Rental Return:$775 USD per month
Return on Investment:3% after deductions
Est Market Value:$55,000.00 USD

Purchase Price: US$52,000