American Townhouse Up for Sale in Macomb County - United States
|
For more information please fill out the quick enquiry form 
|
|
|
Townhouse Description
ALREADY RENTED TO LONG TERM TENANTS !!
A 2 BEDROOM DETACHED HOUSE LOCATED IN A NICE NEIGHBOURHOOD IN WARREN, DETROIT, MICHIGAN
IDEAL FOR INVESTORS ON A BUDGET WANTING A FANTASTIC MONTHLY RENTAL INCOME
Same Tenants for over 3 years paying $590 a month rent !!!!!!
SECURED PRICE OF PROPERTY: $12,000 / €8,823 / £8,000
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $17,525 / €12,884 / £11,683
•Exceptional Low Cost Investment Opportunity ideal for Investors on a Budget
•Already Rented to Tenants - same Tenant for over 3 Years
•Income From Day 1
•Detached 2 bedroom Property
•Superb Location and Neighbourhood
THIS IS AN EXCEPTIONAL OPPORTUNITY TO PURCHASE A BARGAIN PRICED TENANTED PROPERTY GIVING A HUGE 27%+ ANNUAL RENTAL RETURN.
The property comprises of 2 bedrooms, lounge, eat-in kitchen, bathroom and driveway for the parking of several cars. The property measures 700 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 an updated heating furnace and updated copper plumbing.
The house is rented out to long term tenants who have been in the property for over 3 years on a yearly renewable lease and who are paying $590 a month rent.
** Awaiting Internal Photos **
GROSS MONTHLY RENTAL INCOME: $590 / €434 / £393
Monthly Expenses include:
Property Tax of $125 / €92 / £83
Property Management Fee of $60 / €44 / £40
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $405 / €298 / £270
NET INCOME PER ANNUM OF: $4,860 / €3,576 / £3,240
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
Like this? Then share with your friends and colleagues!
|
€9,566 | £8,000 | US$12,617 (Currency and Foreign Exchange services supplied by  )
|
|
| Type |
Townhouse |
| Bathrooms |
1 |
| Bedrooms |
2 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
|
|
|
|
Property Characteristics
- Garden: Private Garden
- Parking: Private Driveway
- Distance to Shops: Close
Map of Warren, Michigan, United States
Towns located close to Warren, United States
Similar Properties in or near Warren
| . |
|
ATTENTION ALL INVESTORS!! EXCEPTIONAL INVESTMENT OPPORTUNITY IN DETROIT, USA FOR ONLY £11,636. 3 BED BRICK BUILT DETACHED BUNGALOW.
|
|
| . |
|
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!
|
|
| . |
|
SUPERB DETROIT INVESTMENT PROPERTY SITUATED IN A MIDDLE CLASS NEIGHBOURHOOD AND PROVIDING A 29% NET ANNUAL RENTAL INCOME.
|
|
|
Price: £8,000
Currency in United States
|
Latest Property News in USA
|
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 |
|
Looking to buy property in Warren, Macomb County, Michigan, United States?
If you are interested in this Warren > Macomb County > Michigan > United States House - Villa Available then here some more similar properties:
|
|
|
Subscribe to the Property Bulletin
