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$125,000 USD
13918 Terry Street
Detroit, Michigan 48227
USA
Detroit, Michigan 48227
USA
211.998 m2 ::
2,282 sqft
3 bedrooms
2 full baths
Residential For Sale, Single Family Detached
Sale price per sqm: 589.61
Tax: 963.68 USD
Remarks:
Excellent turnkey investment opportunity in Detroit! 13918 Terry St is fully renovated and occupied with a new and vetted tenant paying $1,500 per month. Offered at only $125,000, this property delivers an outstanding 14.4% cap rate from day one. Complete renovation includes new paint, windows, electrical, plumbing, furnace, water heater, kitchen and baths. Do not forget the rare and massive 3 car garage in the oversized backyard. Valid City of Detroit Certificate of Occupancy and Certificate of Compliance on file; property meets all rental standards and is Section 8 eligible. Current tenant is on a market-rate lease; full documentation, lead clearance, and tenant info available upon request. Ideal for hands-off or out-of-state investors seeking immediate cash flow in a strong rental submarket. Do not miss this rare combination of condition, occupancy, and return. Priced for quick sale. BATVAI
Features:
- Year Built: 1925
- Garage Spaces: 3
Location:
13918 Terry Street, Detroit, Michigan 48227, USA
Listed By CENTURY 21 Curran & Oberski
The Residential For Sale, Single Family Detached located at 13918 Terry Street, Detroit, Michigan 48227, USA is currently for sale. 13918 Terry Street, Detroit, Michigan 48227, USA is listed for $125,000 USD. This property has 3 bedrooms, 2 full baths and 2,282 sqft. If the property located at 13918 Terry Street, Detroit, Michigan 48227, USA isn't what you're looking for, search Michigan Real Estate to see other Homes For Sale in Detroit.
