Low-priced Townhouse Selling in Warren - Macomb County
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Townhouse Description
ALREADY TENANTED
IDEAL FOR INVESTORS ON A BUDGET
2 BEDROOM DETACHED HOUSE WITH GARAGE IN DETROIT, MICHIGAN
Tenant Paying $630 per month and on a yearly lease !!
SECURED PRICE OF PROPERTY: $14,000 / €10,294 / £9,333
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $19,525 / €14,355 / £13,016
•Exceptional Low Cost Investment Opportunity
•Already Rented to Tenants on a Yearly Lease
•Income From Day 1
•Detached 2 bedroom Property with Garage
•Superb Location and Neighbourhood
The property comprises of 2 bedrooms, lounge, eat-in kitchen, bathroom, detached garage and diveway for the parking of several cars. The property measures 800 sq ft of build area and is on a good sized plot measuring 4,280 sq ft. The property is situated in Warren on the suburbs of Detroit, in a middle class area of owner occupant and rental homes.
The home includes updated kitchen cabinets, heating furnace and updated copper plumbing and circuit breakers.
The house is rented out to long term tenants on a yearly renewable lease for $630 a month. The tenant is employed with the US Postal Service with whom he has been working for the past 17 years.
GROSS MONTHLY RENTAL INCOME: $630 / €463 / £420
Monthly Expenses include:
Property Tax of $142 / €104 / £94
Property Management Fee of $63 / €46 / £42
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $425 / €313 / £284
NET INCOME PER ANNUM OF: $5,100 / €3,756 / £3,408
We bring to you the whole package:
1.Exceptionally Low Priced Investment Properties
2.High Yield Rental Income
3.1st Class Property Management Company
4.Engineers Home Inspection Report
5.Title Company/Attorney Assigned
6.Complete Personal Service and Supervision of Your Purchase from Start to Finish
7.Insurance Available
8.Assistance with opening a US Bank Account
All prices are calculated at the following currency conversion rates: $1.36=€1 $1.50=£1
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€11,160 | £9,333 | US$14,719 (Currency and Foreign Exchange services supplied by  )
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| Type |
Townhouse |
| Bathrooms |
1 |
| Bedrooms |
2 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
Find out more >> |
Property Characteristics
- Garden: Yes
- Parking: Private Garage and Driveway
- Distance to Shops: Close
Map of Warren, Michigan, United States
Towns located close to Warren, United States
Similar Properties in or near Warren
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ATTENTION ALL INVESTORS!! EXCEPTIONAL INVESTMENT OPPORTUNITY IN DETROIT, USA FOR ONLY £11,636. 3 BED BRICK BUILT DETACHED BUNGALOW.
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UNDER £19,500 - AN INVESTMENT PROPERTY IN DETROIT. DETACHED 3 BEDROOM BRICK BUILT HOUSE WITH EXCELLENT LONG TERM RENTAL POTENTIAL AND MANAGEMENT COMPANY IN PLACE!
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SUPERB DETROIT INVESTMENT PROPERTY SITUATED IN A MIDDLE CLASS NEIGHBOURHOOD AND PROVIDING A 29% NET ANNUAL RENTAL INCOME.
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Price: £9,333
Currency in United States
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Latest Property News in USA
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Price of Property in Warren, USA
| (All prices in EUR) |
Warren |
Warren |
Warren |
| House/Villa |
7,595 |
23 |
26,732 |
75,000,000 |
- |
242,990 |
| Townhouse |
8,000 |
625 |
25,000 |
6,000,000 |
- |
209,900 |
* Calculations based on 17 properties for sale in Warren and 3225 properties for sale in USA |
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Looking to buy property in Warren, Macomb County, Michigan, United States?
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