13639 LaSalle Detroit

$450,000
Rooms
66
Bedrooms
10
Bathrooms
6

Financial Details

  • Rent: $5,300.00
  • Anual rent: $63,600.00
  • Management: $6,360.00
  • Taxes: $1,050.00
  • Insurance: $700.00
  • Net income: $55,490.00
  • Yield (%): 12.33%

Description

The 6 unit apartment building is an exceptional purchase.

The property was completely renovated with updated electrical.  plumbing, new bathtubs , toilets and kitchens in every unit.

This location has good connections and the investor interested will gain from both capital growth and rental income.

The surrounding area had other apartment building that were also renovated recently , the new site for the Henry Ford Health Center is going to be constructed 5 mins drive from this property.

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