We Buy Houses

Buy - Sell - Rent - Invest


 Contact Us


Garden City, MI 48135
 (313) 451-0602
Contact Us

18940 Rutherford St, Detroit, MI 48235

3 Bedrooms / 1 Baths / Single Family

Property Status: ??? | 

19% ROI and $800+ Cashflow: Nice Brick Ranch in a Nice Neighborhood

Property Status:

Property Details:
Property Style:
Year Built:
Finished Sq. Ft:
Unfinished Basement
** Assignment of Contract **

3 Beds/1Bath/Brick/Ranch/Garage/Unfinished Basement

Property type: Single Family House
Architectural style: Ranch
Construction materials: Brick
Foundation: Basement (unfinished)
Year built: 1962
Heating: Forced Air, Natural Gas
Lot: 4,356 sqft
Asking price: $57,000 (Assignment of Contract) or Best Offer
Occupancy: Currently tenant occupied, MTM, current on payment (have been managed by a professional PM company, can continue to manage if needed)
Income: Similar houses in the neighborhood are renting for ~ $1200 (ROI 19% and cashflow $850/month)

Other features: Located in the College Drive neighborhood, only 10 minutes away from Lawrence Technological University and University of Detroit Mercy College of Engineering and Science
All bedrooms are generously sized for comfortable living. This property has been generating cash flow beautifully. Don’t miss out on this opportunity.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.