Three Bed One Bath Townhouse in Warren | United States
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Townhouse Description
PRICE JUST REDUCED!!
ALREADY TENANTED
3 BEDROOM DETACHED HOUSE WITH GARAGE IN WARREN, DETROIT, MICHIGAN
SAME TENANT FOR OVER 3 YEARS PAYING $695 RENT A MONTH !!
SECURED PRICE OF PROPERTY: $20,000 / €14,705 / £13,333
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $24,525 / €18,031 / £16,349
•Low Cost Investment Opportunity
•Already Rented to Tenants on a Yearly Lease who have been in the property for over 3 years
•Income From Day 1
•Detached 3 Bedroom Property with Garage
•Superb Location and Neighbourhood
This is a brick and vinyl sided ranch comprising of 3 bedrooms, lounge, eat-in kitchen, bathroom, detached garage and diveway for the parking of several cars.
The property measures 1,036 sq ft of build area and is on a large sized plot measuring 7,124 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, updated vinyl windows, updated copper plumbing and circuit breakers.
The house is rented out to long term tenants on a yearly renewable lease for $695 a month. The same tenant has been renting this property for over 3 years.
GROSS MONTHLY RENTAL INCOME: $695 / €511 / £463
Monthly Expenses include:
Property Tax of $175 / €128 / £116
Property Management Fee of $70 / €51 / £46
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $450 / €332 / £301
NET INCOME PER ANNUM OF: $5,400 / €3,984 / £3,612
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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€15,943 | £13,333 | US$21,027 (Currency and Foreign Exchange services supplied by  )
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| Type |
Townhouse |
| Bathrooms |
1 |
| Bedrooms |
3 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Property Characteristics
- Garden: Private Garden
- Parking: Private Garage and Driveway
- Distance to Shops: Close
Map of Warren, Michigan, United States
Towns located close to Warren, United States
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Price: £13,333
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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