20450 Sorrento Street Detroit

$59,000
SKU: 2709
Property type: House
Area (Sq Ft)
802
Bedrooms
2
Bathrooms
1

Financial Details

  • Est. Rent PCM: $650
  • Yearly Income: $7,800
  • Management: $780
  • Taxes: $958
  • Insurance: $550
  • net Income: $5,512
  • Net Yield: 9.34%

Description

Nice little two bedroom one bathroom 802 square foot property just south of 8 Mile Road and near Hardstein Playground. It is currently tenanted by a cash paying tenant who pays $650 per month.

The traditional brick property features wooden floors and freshly painted walls; the kitchen and bathroom are in great condition and have modern fixtures. The current tenant is clean and tidy and looks after the property very well.