20232 Hanna Street Detroit

$60,000
Sold
SKU: 2618
Property type: House
Area (Sq Ft)
1200
Bedrooms
3
Bathrooms
1

Financial Details

  • Est Rent PCM: $900
  • Yearly Income: $10800
  • Management: $1080
  • Taxes: $884
  • Insurance: $550
  • Net Income: $8286
  • Net Yield: 13.81%

Description

Traditional 1942 Brick Investment Property

Great opportunity to purchase a quality property that has been recently renovated. It has three bedrooms and one bathroom, a full basement and a two car detached garage. It has been freshly painted and has new wood floors and ceramic tiles. The interior is 1,200 square feet and the plot 3,920.

The home is located in the Nolan Neighborhood of Detroit, close to East 8 Mile Road, with its excellent commuter connections, restaurants, bars, parks, schools and colleges. It´s only a 15 minute drive to Downtown Detroit.

The property is currently vacant so if reserved soon, the future owner will be able to choose between renting to a Section 8 tenant or a cash paying tenant.

Please don´t hesistate to contact us for more details!