14150 Spring Garden St, Detroit, MI 48205

Property Status: Available (Wholesale) | For Sale: $64,000.00


0 Bedrooms / 2 Baths / Multiple Family


Amazing ROI on this package deal of tenant occupied properties. Cash flowing properties on the Eastside of Detroit - Cap Rate: 20%


Property Details:
Property Style:
1-1/2 Story
Year Built:
1928
Finished Sq Ft:
1,389
Basement:
No Basement
Owner/Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Main Street Properties
 (248) 343-6611

View on Individual's Website
PACKAGE PRICE: $64,000 Owner has decided to retire is selling a tenant occupied SFR and duplex on the Eastside. Both properties are cash flowing around 20%. All tenants want to stay. Not the best neighborhood, but the tenants are loyal and are not going anywhere. Many houses in the area are slated for demolition by the city so it will be a different neighborhood in a couple of year. Address: 11035 Portlance Ave, Detroit, MI 48205 Dropbox Photos: https://www.dropbox.com/sh/f3x0onbzga3pjc9/AABKyFwlnk2GGZcgjg-EoPXKa?dl=0 Single Family Residence 3BD/1BA Brick Built in 1948 Rented at $700 ROI: 20% Tenant does not want to move Lived there for 7 years Asking Price: $29K Address: 14150 Spring Garden St, Detroit, MI 48205 Dropbox Photos: https://www.dropbox.com/sh/mafdmyyvd1bmif2/AAC1uW_o0VJVE4WUM21JlRuPa?dl=0 Multi family 2BD/1BA each unit Built 1928 Rented $400/month each unit ($800/month total) ROI: 19% Tenants do NOT want to move. Tenants are sisters Lived there for 6 years Asking Price: $35K

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